In strategic management research, divestitures have mostly been treated as side aspects or
mirror images of even broader phenomena such as corporate restructuring or mergers and …

During the 1980s a large number of firms refocused or downscoped using multiple
divestitures. This paper reviews recent empirical research (1983–1996) to isolate and …

This article presents several studies that examine organizational change. The authors note
that certain issues should be addressed when examining the studies including an …

This article examines the stock market response to acquisition announcements during and
immediately after the conglomerate merger wave of the late 1960s. The main finding is that …

This paper integrates corporate governance research on the consequences of executive
power and the upper echelons literature on top managers' cognitive orientation to develop a …

Agency theorists diagnosed the economic malaise of the 1970s as the result of executive
obsession with corporate stability over profitability. Management swallowed many of the pills …

Extant literature on divestment has repeatedly found that firms are likely to divest their poorly
performing operations. In this paper, I consider how product market relatedness and …

Research on the antecedents of foreign subsidiary divestment has grown in the last
decades. However, findings are ambiguous. We clarify this situation by providing, for 18 …

This book is about the relationship between corporate governance regimes and labor
management. It examines how finance and governance influence employment relationships …

As firms face increasing pressures associated with new forms of knowledge-based
competition, researchers have begun to focus on knowledge acquisition strategies to the …