De-Diversification in Germany: Some Critical Remarks on Nicolai and Thomas (2006)

Ingo Weller, Thomas Mellewigt and Carolin Decker

Schmalenbach Business Review (sbr), 2008, vol. 60, issue 2, 205-210

Abstract: In the article “De-Diversification Activities of German Corporations from 1988 to 2002: Perspectives from Agency and Management Fashion Theory”, published in sbr in January 2006, Nicolai and Thomas offer some interesting hypotheses and empirical analyses on the occurrence of de-diversifications in Germany. We question their results on both theoretical and empirical grounds: the applied operationalization is inadequate in the given context, and is likely to produce flawed findings. We elaborate on our concerns and suggest an alternative measurement approach.

Keywords: De-Diversifications; Disinvestments; Kolmogorov-Smirnov Test; Management Fashions; Neo-Institutionalism (search for similar items in EconPapers)
JEL-codes: B40 C14 L25 M10 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:sbr:abstra:v:60:y:2008:i:2:p:205-210

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