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An Integrated Perspective on Foreign Ethical Divestment
Authors:Richard B Nyuur  Joseph Amankwah‐Amoah  Ellis L C Osabutey
Institution:1. Newcastle Business School City Campus East, Northumbria University, Newcastle, NE1 8ST, UK;2. Bristol University School of Economics, Finance & Management, Clifton, Bristol, BS8 1TN;3. Business and Management Department Middlesex University Business School, The Burroughs, London, NW4 4BT
Abstract:Much of the existing literature on foreign ethical divestment has been developed in isolation and scattered across multiple disciplines. This article reviews the existing literature on foreign ethical divestment to extract emerging themes and outline new directions for future research. Our review uncovered that foreign ethical divestment decisions can be attributed to macro‐, firm‐, and individual‐level factors. We therefore develop an integrated model to link the dynamics of ethical foreign divestment. The study identified a number of unanswered questions and implications for future research. © 2016 Wiley Periodicals, Inc.
Keywords:Foreign ethical divestment  individual  firm and institutional factors  macro factors  ethics  performance
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