The Institutionalization of Divestitures : A Meta-Analysis of Stock Market Performance

Language: German

Published by Gabler Verlag, Gabler Verlag, 2009

3834916706 / 9783834916709

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - Restructuring and, therein, divestitures have become an indispensable element of corporate strategy for many firms. Divestitures, defined as a firm's decision to dispose of a significant portion of its assets, can increase a firm's strength by changing its asset structure and its resource allocation patterns.Miriam Flickinger investigates the stock market reaction to divestiture announcements from an institutionally-based perspective. In the spirit of organizational theory, this perspective applies the processes of institutionalization to capital markets. It analyzes how organizational practices and policies are perceived by a capital market in which socio-organizational factors play an influential role. Using meta-analytic procedures, the author extends the present financially dominated understanding of divestiture performance implications and offers a new rationale to why shareholders consider divestitures positively. Results show that divestitures are socially embedded when the value of a firm's divestiture depends on the prevailing institutional logics within the business society.…

Seller Inventory # 9783834916709

Title
The Institutionalization of Divestitures : A Meta-Analysis of Stock Market Performance
Author
Miriam Flickinger
Publisher
Gabler Verlag, Gabler Verlag
Publication year
2009
Condition
Neu
Binding
Taschenbuch
Language
German
ISBN 10
3834916706
ISBN 13
9783834916709
Item weight
197 grams
Dimensions
210x148x9 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

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