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

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Author(s)

Detail(s)

Original languageEnglish
Title of host publicationThe Blackwell Handbook of Strategic Management
EditorsMichael A. Hitt, R. Edward Freeman, Jeffrey S. Harrison
PublisherBlackwell Publishers Ltd.
Pages429-460
ISBN (Electronic)9781405164023
ISBN (Print)9780631218616
Publication statusPublished - 2006
Externally publishedYes

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