The diffusion of foreign divestment from Burma
研究跨国企业从缅甸撤资的差异，发现除了企业自身因素，母国的政治特征（如抗议、政治自由和制度透明度）以及他国撤资模式也会影响撤资决策。
We examine variation in the rate of divestment by multinational firms from B urma. We argue that in addition to a set of firm‐level characteristics known to impact divestment decisions, firms are also influenced by characteristics of their home country and the divestment patterns of others. Using data on firms operating in B urma during 1996–2002, we model these multiple influences on firms to divest. Our results show that beyond firm‐level concerns, firms divest in response to the political characteristics of their home country, including protest, the level of political freedom, and transparency of institutions. We also find that the centrality of their home country in the network of intergovernmental organizations impacts divestment patterns in interesting ways. Copyright © 2013 John Wiley & Sons, Ltd.