rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Diversification, Relatedness, and Performance
  name:
    name part: Pils, Frithjof.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2009
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: XVI, 219 p. 9 illus. online resource.
  abstract: Diversification strategy determines both the scope of a firm's activities and the logic of portfolio composition. It is a cornerstone of corporate strategy, and, according to prevailing theory, it is of paramount relevance for performance. Frithjof Pils presents an overview of the empirical research on the linkage between diversification strategy and performance. The author uses multiple methods of quantitative meta-analysis and examines the nature of the relationships between diversification strategies and accounting-based, market-based, and growth-based performance. Subsequently, he applies multiple methods of empirical data analysis on a dataset of 350 multi-business firms to express the diversification discount and other measures of performance as a function of different types of business relatedness and core business industry. Ultimately, a two-dimensional model of the relatedness construct that comprises relatedness at the strategic level as well as at the operational level is derived. Based on the results, the author shows implications for the interpretation of past research, the design of future research including the use of meta-analysis methodologies, as well as management practice.
  table of contents: Research Problems, Objectives, and Structure -- Meta-Analysis on the Relationship between Diversification and Performance -- Types of Operational Relatedness, Core Business Industry,and Performance -- A Two-Factor Model of Operational Relatedness and Strategic Relatedness -- Summary.
  note: by Frithjof Pils.
  subject:
    topic: Business
  subject:
    topic: Management
  subject:
    topic: Leadership
  subject:
    topic: Business and Management
  subject:
    topic: Business Strategy/Leadership
  subject:
    topic: Management
  classification: HD28-70
  classification: 658.4092
  related item:
    title info:
      title: Springer eBooks
  identifier: 9783834981813
  identifier: http://dx.doi.org/10.1007/978-3-8349-8181-3
  record info:
    record creation date: 100301
    record change date: 20151204174705.0
    record identifier: 978-3-8349-8181-3