alireza valipour; ali heidari; mohammad ali shah hosseini; Asadollah Kordnaiej
Volume 27, Issue 1 , March 2023, , Pages 175-202
Abstract
The purpose of this research is to present a complete picture and an integrated framework of the Business Exit process. The process is complex, dynamic and lengthy. Decisions and actions in each step have a multi-faceted interaction with other steps. To achieve this purpose, in this research, 69 works ...
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The purpose of this research is to present a complete picture and an integrated framework of the Business Exit process. The process is complex, dynamic and lengthy. Decisions and actions in each step have a multi-faceted interaction with other steps. To achieve this purpose, in this research, 69 works published during the years 1990-2022 were reviewed and evaluated based on a systematic method. Based on the findings of this research, the exit process is divided into 5 steps (entry strategy, exit drivers, decision making, exit method, and consequences) in order to provide a better understanding and an integrated framework of the business exit process. 34 subcategories and 213 components were also identified. Out of these 69 studies (considering two categories for some articles), exit drivers (43), consequences (28), strategy and method of exit (28), decision-making (23), and entry strategy (11), respectively, are the most studies have been assigned to themselves.