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Article

Exit or stay: A critical incident analysis of decision-making in conflict-torn countries

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Citation

Cornwell AAD, Arakpogun E & Thomson ME (2023) Exit or stay: A critical incident analysis of decision-making in conflict-torn countries. Journal of World Business, 58 (4), Art. No.: 101459. https://doi.org/10.1016/j.jwb.2023.101459

Abstract
Deploying small world representation logic, we examine the context-specific factors that inform managerial decision-making in conflict-torn countries. Drawing on insights from thirty-one managers, we spotlight nine higher-order heuristics that commonly inform MNEs¡¯ mental representations and their managers¡¯ decision to exit or stay. These heuristics were identified by categorising the commonalities arising from our respondents¡¯ accounts on what information they search for (discovery heuristics) and how it was evaluated (evaluation heuristics). We discovered that information accessibility, conditioned by firms¡¯ in-country experiences, is paramount. Furthermore, since employees are strategy shapers, they can undermine the resilience-enhancing benefits of operational flexibility in conflict-torn countries.

Keywords
Heuristics; Context-specific factors; Small world representation; Violent conflict; Decision-making; Critical incident analysis

Journal
Journal of World Business: Volume 58, Issue 4

StatusPublished
Publication date30/06/2023
Publication date online28/04/2023
Date accepted by journal15/04/2023
URL
ISSN1090-9516

People (1)

Dr Emmanuel Arakpogun

Dr Emmanuel Arakpogun

SL in Strategy & Strategic Management, Management, Work and Organisation

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