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  • China ; Decision making process ; Firm ; Food trade ; Organization ; Retail trade ; Spatial embeddedness ; Transnational corporation ; WTO
  • Exit, the firm and sunk costs : reconceptualizing the corporate geography of disinvestment and plant closure
  • 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
  • The goal of the AA. is to show how and why firms are structured by the inherited configuration of capital and also reproduce differentiation within and outside the corporation. They use concepts drawn from modern financial theory to show