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Author:Ghemawat, P.
Khanna, T.
Title:The nature of diversified business groups: a research design and two case studies
Journal:Journal of Industrial Economics
1998 : MAR, VOL. 46:1, p. 35-62
Index terms:RESEARCH
DIVERSIFICATION
ECONOMICS
Language:eng
Abstract:Diversified business groups dominate the private sectors of most of the world's economies. Several of these economies have undergone sudden policy changes that significantly increase domestic competitive intensity. The authors demonstrate how the changes in corporate scope that accompany such "competitive shocks" can be used to weigh the importance of different explanations for the existence of diversified business groups. The authors illustrate their reasoning by studying the restructuring of two of India largest business groups following a comprehensive post-1991 package of policy reforms.
SCIMA record nr: 177207
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