Restructuring Strategies of Diversified Business Groups : Differences Associated with Country Institutional Environments
Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45) › 12_Chapter in an edited book (Author) › peer-review
Author(s)
Detail(s)
Original language | English |
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Title of host publication | The Blackwell Handbook of Strategic Management |
Editors | Michael A. Hitt, R. Edward Freeman, Jeffrey S. Harrison |
Publisher | Blackwell Publishers Ltd. |
Pages | 429-460 |
ISBN (Electronic) | 9781405164023 |
ISBN (Print) | 9780631218616 |
Publication status | Published - 2006 |
Externally published | Yes |
Link(s)
Abstract
Large firms with portfolios of unrelated businesses throughout the world's emerging economies, as well as many developed economies, are seeking to restructure their business portfolios to a set of core businesses. The intention of these strategic actions is often to improve performance. These large diversified business groups are actually quite typical of the capitalist countries that have industrialized since World War II. Many explanations have been given as to why these large firms dominate the economies of most countries (Amsden and Hikino, 1994; Granovetter, 1994; Khanna and Palepu, 1997; Leff, 1976, 1978; Strachan, 1976). Academics, owners of business groups and policy makers are debating the future of such large diversified business groups (Ghemawat, Kennedy, and Khanna, 1998; Sachs and Warner, 1994).
Research Area(s)
- Developed economies, Emerging economies, Partially developed economies, Restructuring and institutional differences, Significance
Citation Format(s)
Restructuring Strategies of Diversified Business Groups : Differences Associated with Country Institutional Environments. / Hoskisson, Robert E.; Johnson, Richard A.; Yiu, Daphne et al.
The Blackwell Handbook of Strategic Management. ed. / Michael A. Hitt; R. Edward Freeman; Jeffrey S. Harrison. Blackwell Publishers Ltd., 2006. p. 429-460.Research output: Chapters, Conference Papers, Creative and Literary Works (RGC: 12, 32, 41, 45) › 12_Chapter in an edited book (Author) › peer-review