haku: @author Wiersema, M. F. / yhteensä: 6
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Tekijä: | Wiersema, M. F. Liebeskind, J. P. |
Otsikko: | The effect of leveraged buy-outs on corporate growth and diversification in large firms |
Lehti: | Strategic Management Journal
1995 : SEP, VOL. 16:6, p. 447-460 |
Asiasana: | |
Vapaa asiasana: | UNTERNEHMENSSTRATEGIE, BETRIEBSWACHSTUM, BETRIEBSERFOLG, USA, DIVERSIFIKATION |
Kieli: | eng |
Tiivistelmä: | This study investigates the effects of LBO's on corporate growth and diversification in a sample of large USA firms which underwent LBO's during the 1980's. A particular contribution of this study is that it supplements the use of standard aggregate measures of diversification strategy with a more detailed examination of post-buy-out changes in the business portfolios of LBO firms. The findings strongly suggest that LBO's reduce growth and diversification in large diversified firms. |
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