Capital market evaluation of M‐form implementation and diversification strategy

Robert E. Hoskisson, Jeffrey S. Harrison and David A. Dubofsky

Strategic Management Journal, 1991, vol. 12, issue 4, 271-279

Abstract: Firm announcements of adoption of the multidivisional (M‐form) structure are evaluated using stock market data and event methodology. Results indicate that investors positively value M‐form adoption. Furthermore, some support is found for the hypothesis that firm diversification strategy (related versus unrelated) is contingently related to investors' valuation of M‐form implementation.

Date: 1991
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1002/smj.4250120403

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:stratm:v:12:y:1991:i:4:p:271-279

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0143-2095

Access Statistics for this article

More articles in Strategic Management Journal from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().