The Nature of Diversified Business Groups: A Research Design and Two Case Studies

Pankaj Ghemawat and Tarun Khanna

Journal of Industrial Economics, 1998, vol. 46, issue 1, 35-61

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. We 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. We illustrate our reasoning by studying the restructuring of two of India’s largest business groups following a comprehensive post‐1991 package of policy reforms. The case studies also elucidate aspects of the restructuring process that should inform larger‐sample empirical analyses.

Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (173)

Downloads: (external link)
https://doi.org/10.1111/1467-6451.00060

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:jindec:v:46:y:1998:i:1:p:35-61

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0022-1821

Access Statistics for this article

Journal of Industrial Economics is currently edited by Pierre Regibeau, Yeon-Koo Che, Kenneth Corts, Thomas Hubbard, Patrick Legros and Frank Verboven

More articles in Journal of Industrial Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().