Exploring the effects of stakeholder orientation on de-internationalization decisions - how multinationals in Russia respond to the war in Ukraine
Abstract We are interested in exposing the extent to which de/internationalization decisions are affected by stakeholder orientation (broadly defined), as opposed to the other firm- and environment-level factors identified in existing research. Recognizing that ‘stakeholder orientation’ and ‘de-internationalization’ are coarse measures, we also dig deeper and provide a more granular understanding that considers different stakeholder orientations (e.g. shareholder, employee, and societal orientations) and their influence on specific approaches to de-internationalization (e.g. scale back, suspend, or withdraw). Empirically, we train attention on how MNEs with operations in the Russian Federation responded to the war in Ukraine.