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Hostile Parent Firms and Child Firm Performance

Sascha Walter, Simon Heinrichs and Achim Walter

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: We investigated how and when parent hostility (degree to which a parent firm disapproves the spawning of an own spin-out) affects spin-out performance and how spin-outs can effectively react to it. Analyses of 144 technology spin-outs support our arguments that spin-outs suffer from hostility. Hostility consequences are, however, less severe if market turbulence is high or if the spin-out pursues effective network development.

Keywords: parent-child; relationship (search for similar items in EconPapers)
JEL-codes: M13 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-bec, nep-ent and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:68592

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