Exit, the firm and sunk costs : reconceptualizing the corporate geography of disinvestment and plant closure

Auteur(s) et Affiliation(s)



Description :
The AA. reconceptualize understanding of the economic and spatial processes of corporate restructuring and market exit. They ask what economic logic explains plant closure and firm's exit from industries, and develop a comprehensive perspective on the nature of the exit process focused on firms in which there is a separation of ownership and control, which are rich in capital assets. Exit is treated as a sequence of related strategic decisions made by the firm regarding the use of its inherited configuration of capital.


Type de document :
Article de périodique

Source :
Progress in human geography, issn : 0309-1325, 1997, vol. 21, n°. 3, p. 338-358, Collation : Illustration, Références bibliographiques : 3 p.

Date :
1997

Editeur :
Pays édition : Royaume-Uni, London, Arnold