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Tekijä: | Bergh, D.D. Lim, E.N-K. |
Otsikko: | Learning how to restructure: absorptive capacity and improvisational views of restructuring actions and performance |
Lehti: | Strategic Management Journal
2008 : JUN, VOL. 29:6, p. 593-616 |
Asiasana: | restructuring divestment investment analysis organizational learning spin-offs |
Kieli: | eng |
Tiivistelmä: | This paper explores the role of learning in corporate restructuring (hereafter as: c-r). Drawing from two viewpoints of organizational (here as: org-al.) learning, absorptive capacity and org-al. improvisation, it is examined whether experience with c-r. modes (spin-offs, sell-offs) influences subsequent restructuring and financial performance. The findings contribute to a dynamic explanation of c-r. and its influence on financial performance, illustrate differences btw. learning in a repetitive situation and ..., and indicate when absorptive capacity and organizational improvisational views are most profitable etc. |
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