Miriam flickinger (3 Ergebnisse)

Zustand: New. In English.

Paperback. Zustand: Brand New. 126 pages. German language. 8.20x5.80x0.39 inches. In Stock.

Taschenbuch. Zustand: Neu. 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.…