Much of the existing literature on foreign ethical divestment has been developed in isolation and scattered across multiple disciplines. This paper 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 ofethical foreign divestment. The study identified a number of unanswered questions and implications for future research.
- f oreign ethical divestment
- individual, firm and institutional factors
- macro factors