Article
Details
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
Status | Published |
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Publication date | 30/06/2023 |
Publication date online | 28/04/2023 |
Date accepted by journal | 15/04/2023 |
URL | |
ISSN | 1090-9516 |
People (1)
SL in Strategy & Strategic Management, Management, Work and Organisation