DIVERSIFICATION, RESTRUCTURING AND ECONOMIC-PERFORMANCE

被引：218

作者：

MARKIDES, CC

机构：

[1] London Business School, London

来源：

STRATEGIC MANAGEMENT JOURNAL | 1995年 / 16卷 / 02期

关键词：

DIVERSIFICATION; RESTRUCTURING; REFOCUSING; PERFORMANCE;

D O I：

10.1002/smj.4250160203

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

During the 1980s, many conglomerates and other diversified firms reduced their diversification by refocusing on their core businesses. This paper provides an economic explanation for this phenomenon and empirically tests the hypotheses that emerge from the analysis. It is shown that refocusing is associated ex post with profitability improvements.

引用

页码：101 / 118

页数：18

共 69 条

[21] STRATEGIC CONTROL-SYSTEMS AND RELATIVE R-AND-D INVESTMENT IN LARGE MULTIPRODUCT FIRMS [J].