 |
Title:
Research on corporate divestures: A synthesis .
|
|
|
Authors:
Moschieri, C., Mair, J.
|
|
| |
|
Summary:
Divestitures, understood as the parent company's disposal and sale of assets, facilities, product lines, subsidiaries, divisions and business units, are emerging as a central topic of research in several areas. Yet our understanding of these operations is still limited. For example, it is still not clear whether divestitures are merely a reflection of the economic cycle, a means to correct or reverse previous strategic decisions, or a proactive strategic option. Integrating literature in finance, strategy and organizational behavior, this paper offers a comprehensive picture of divesting modes, antecedents, mechanisms and outcomes of divestitures. It integrates empirical findings and theoretical contributions into a researchable whole in order to identify common themes and gaps in existing research. The final objective of this analysis and review is to propose meaningful avenues for future research to improve knowledge on divestitures. |
|
| |
|
Date:
01/09/2008
|
|
| |
|
Type:
Articles in journals (referee)
|
|
| |
|
Journal:
Journal of Management & Organization, Vol. 14. No 4, September 2008, pages 399-422
|
|
| |
|
Language:
English
|
|
| |
|
|
|
| |
