search query: @author Anand, J. / total: 7
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| Author: | Kogut, B. Walker, G. Anand, J. |
| Title: | Agency and Institutions: National Divergences in Diversification Behavior |
| Journal: | Organization Science
2002 : MAR-APR, VOL. 13:2, p. 162-178 |
| Index terms: | INSTITUTIONS DIVERSIFICATION ANALYTICAL REVIEW AGENCIES |
| Language: | eng |
| Abstract: | A fundamental theme in comparative cross-country research is the convergence of organizational forms in diverse national settings. In this paper the authors examine a special instance of this theme: the pattern of diversification across industries. A common argument is that technical and market forces compel firms to adopt "coherent" strategies of diversification. This thesis implies that there should be a convergence in the patterns of interindustry diversification in all market-based economies. An institutional approach offers an alternative view. From this perspective, when diversification across industries is seen as subject to nation-specific governance and resource constraints, countries should vary widely in their interindustry diversification patterns. |
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