Factors influencing divestment decision-making: Evidence from a field study
This research investigates factors which influenced the corporate-level divestment decisions of large, diversified firms. Field research, including interviews with corporate executives of 40 large diversified firms, provided the data to test propositions developed from various literature sources. In...
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| Veröffentlicht in: | Strategic management journal 1984-10, Vol.5 (4), p.301-318 |
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| container_title | Strategic management journal |
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| creator | Duhaime, Irene M. Grant, John H. |
| description | This research investigates factors which influenced the corporate-level divestment decisions of large, diversified firms. Field research, including interviews with corporate executives of 40 large diversified firms, provided the data to test propositions developed from various literature sources. In general, the findings from this research indicate that a business unit's strength, its relationship to other units in its firm and its parent firm's financial position compared to its competitors are important divestment influences, whereas other factors such as general economic conditions are not. Some of the findings are consistent with conventional management wisdom, but others are counterintuitive. |
| doi_str_mv | 10.1002/smj.4250050402 |
| format | Article |
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Field research, including interviews with corporate executives of 40 large diversified firms, provided the data to test propositions developed from various literature sources. In general, the findings from this research indicate that a business unit's strength, its relationship to other units in its firm and its parent firm's financial position compared to its competitors are important divestment influences, whereas other factors such as general economic conditions are not. 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Management science ; Portfolio management ; Strategic planning ; Studies</subject><ispartof>Strategic management journal, 1984-10, Vol.5 (4), p.301-318</ispartof><rights>Copyright 1984 John Wiley and Sons Limited</rights><rights>Copyright © 1984 John Wiley & Sons, Ltd.</rights><rights>1985 INIST-CNRS</rights><rights>Copyright Wiley Periodicals Inc. 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Mgmt. J</addtitle><description>This research investigates factors which influenced the corporate-level divestment decisions of large, diversified firms. Field research, including interviews with corporate executives of 40 large diversified firms, provided the data to test propositions developed from various literature sources. In general, the findings from this research indicate that a business unit's strength, its relationship to other units in its firm and its parent firm's financial position compared to its competitors are important divestment influences, whereas other factors such as general economic conditions are not. Some of the findings are consistent with conventional management wisdom, but others are counterintuitive.</description><subject>Applied sciences</subject><subject>Business management</subject><subject>Business structures</subject><subject>Corporate strategies</subject><subject>Decision making</subject><subject>Divestiture</subject><subject>Divestment</subject><subject>Divestments</subject><subject>Economic research</subject><subject>Exact sciences and technology</subject><subject>Factors</subject><subject>Field research</subject><subject>Financial management</subject><subject>Firm modelling</subject><subject>Industrial research</subject><subject>Management decisions</subject><subject>Operational research and scientific management</subject><subject>Operational research. 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Mgmt. J</addtitle><date>1984-10</date><risdate>1984</risdate><volume>5</volume><issue>4</issue><spage>301</spage><epage>318</epage><pages>301-318</pages><issn>0143-2095</issn><eissn>1097-0266</eissn><coden>SMAJD8</coden><abstract>This research investigates factors which influenced the corporate-level divestment decisions of large, diversified firms. Field research, including interviews with corporate executives of 40 large diversified firms, provided the data to test propositions developed from various literature sources. In general, the findings from this research indicate that a business unit's strength, its relationship to other units in its firm and its parent firm's financial position compared to its competitors are important divestment influences, whereas other factors such as general economic conditions are not. 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| ispartof | Strategic management journal, 1984-10, Vol.5 (4), p.301-318 |
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| language | eng |
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| source | Periodicals Index Online; Jstor Complete Legacy |
| subjects | Applied sciences Business management Business structures Corporate strategies Decision making Divestiture Divestment Divestments Economic research Exact sciences and technology Factors Field research Financial management Firm modelling Industrial research Management decisions Operational research and scientific management Operational research. Management science Portfolio management Strategic planning Studies |
| title | Factors influencing divestment decision-making: Evidence from a field study |
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