search query: @author Bergh, D. D. / total: 5
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| Author: | Bergh, D. D. |
| Title: | Size and relatedness of units sold. An agency theory and resource-based perspective |
| Journal: | Strategic Management Journal
1995 : MAR, VOL. 16:3, p. 221-239 |
| Index terms: | |
| Freeterms: | UNTERNEHMENSSTRATEGIE, DESINVESTITION, TOCHTERGESELLSCHAFT, BETRIEBSERFOLG, SANIERUNG |
| Language: | eng |
| Abstract: | This study tests the effects of ownership concentration, outside director equity holdings, and corporate strategy on, and the performance implications of, the size and relatedness of units sold by parent firms. The study is based on a model that integrates agency and resource-based theories, and a sample of selloffs by 112 Fortune-500 firms. The results suggest that the type of unit sold depends on the type of economic benefit sought by the parent firm. |
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