Effects of international entry‐order strategies on foreign subsidiary exit

Purpose The objective of this paper is to determine whether international entry‐order strategies by Korean chaebols affect the exit of their foreign subsidiaries. Design/methodology/approach The sample consists of a set of 61 parent firms and their 500 foreign subsidiaries. The sample includes 27 Korean business groups, called chaebols , and spans 51 markets, during the period from 1999 to 2004. The study employs resource‐ and knowledge‐based...