The value of flexibility in multi‐business firms

Research Summary Whether diversified firms have advantages over their single‐business counterparts is the focus of much research in strategic management. Indeed, there is sparse evidence that corporate advantage exists, on average. We explore one potential driver of corporate advantage—that multi‐bu...

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Veröffentlicht in:	Strategic management journal 2022-12, Vol.43 (12), p.2602-2628
Hauptverfasser:	Dickler, Teresa A., Folta, Timothy B., Giarratana, Marco S., Santaló, Juan
Format:	Artikel
Sprache:	eng
Schlagworte:	Advantages Business units Companies firm value firm volatility corporate strategy Flexibility multi‐business firms resource redeployment Securities markets Stock exchanges Strategic management Uncertainty Value Volatility
Online-Zugang:	Volltext
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