Seminar (Dept. of General Management)

Theme：GLOBAL MARKET INTEGRATION, EFFICIENCY ORIENTATION, AND DRIVERS OF FOREIGN SUBSIDIARY DIVESTMENTS

Speaker：Shubin Wu（University of Liverpool Management School）

Time：2021-12-02 19:00

Address：Zoom Meeting

Language：Chinese

ABSTRACT：

Differences in global market integration across industries have important repercussions for MNC strategy and the drivers of manufacturing subsidiary divestment decisions. Global industry integration and the associated competitive pressures lead MNCs to adopt cost efficiency strategies for their subsidiary networks, and subsidiary divestment decisions are strongly driven by labor cost considerations. In non-integrated industries, host country demand conditions are the prime driver of divestments. These patterns are the most salient for MNCs that have aligned their strategy with the global industry environment. Analysis of the divestment hazards of 3827 Japanese manufacturing subsidiaries in 57 countries provides support for these conjectures.

SHORT BIOGRAPHY：

Shubin Wu is an associate professor at Management School, the University of Liverpool. Before moved to England , he worked in Shanghai University of Finance and Economics. He received his Ph. D from KU Leuven in Belgium. His research interests are in MNEs’ strategic choices and their performance implications under macroeconomic uncertainty and country heterogeneity. His research appeared in Strategic Management Journal, Journal of World Business along with other academic outlets. His co-authored SMJ article published in 2019 is one of the most downloaded and read articles in recent SMJ publication history according to Wiley. He received the John H Dunning Visiting Fellowship in 2020, which is awarded to the world’s leading scholars in International Business. Shubin Wu joined Associate Editorial Board (AEB) of Entrepreneurship Research Journal in September 2020.