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Downward spiral of firms’ political strategies in conflict zones

Author

Listed:
  • Nathalie Belhoste

    (EM - EMLyon Business School)

  • Anna Dimitrova

Abstract

Applying resource dependence and process theory to an in-depth case study of a French MNE that maintained operations in Syria despite the civil war, we provide a processual and multilevel analysis of how political strategies evolve in response to civil war dynamics and complexity. We show that strategies are mainly conditioned by the firm's interactions and interdependencies with non-state armed groups. We further reveal that rather than ensuring firm survival, political strategies may cause a downward spiral, binding the firm to the warring context as it crosses over to the "dark side" of political strategies, and eventually forcing its exit.

Suggested Citation

  • Nathalie Belhoste & Anna Dimitrova, 2025. "Downward spiral of firms’ political strategies in conflict zones," Post-Print hal-05626261, HAL.
    • Handle: RePEc:hal:journl:hal-05626261
    DOI: 10.1016/j.jwb.2025.101640
    as

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