Diversification, restructuring and economic performance

Constantinos C. Markides

Strategic Management Journal, 1995, vol. 16, issue 2, 101-118

Abstract: During the 198Os, many conglomerates and other diversified firms reduced their diversification by refocusing on their core businesses. This paper provides an economic explanation for this phenomenon and empirically tests the hypotheses that emerge from the analysis. It is shown that refocusing is associated ex post with Profitability improvements.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (84)

Downloads: (external link)
https://doi.org/10.1002/smj.4250160203

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:16:y:1995:i:2:p:101-118

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 ().