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| Tekijä: | Riahi-Belkaoui, A. |
| Otsikko: | Multidivisional structure and productivity: The contingency of diversification strategy |
| Lehti: | Journal of Business Finance and Accounting
1997 : JUN, VOL. 24:5, p. 615-627 |
| Asiasana: | STOCK MARKETS EFFICIENCY BONDS RISK |
| Kieli: | eng |
| Tiivistelmä: | The paper examines the relationship between multidivisional (M-form) structure and productive efficiency, which is hypothesized to vary with diversification strategy. The findings indicate that, following the M-form implementation, productive efficiency decreased for vertically integrated firms and increased for related diversified firms. The moderate increase in productive efficiency was not significant for unrelated diversifiers. Firms that used related diversification strategies had a higher productive efficiency than unrelated or vertically integrated firms. To the firms adopting a related diversification strategy, the adoption of the M-form may be more beneficial. |
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