The Institutionalization of Divestitures
Author | : Miriam Flickinger |
Publisher | : Springer-Verlag |
Total Pages | : 110 |
Release | : 2009-07-25 |
ISBN-10 | : 9783834994677 |
ISBN-13 | : 3834994677 |
Rating | : 4/5 (677 Downloads) |
Download or read book The Institutionalization of Divestitures written by Miriam Flickinger and published by Springer-Verlag. This book was released on 2009-07-25 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Miriam Flickinger investigates the stock market reaction to divestiture announcements from an institutionally-based perspective. Using meta-analytic procedures, the author extends the present financially dominated understanding of divestiture performance implications. She shows that divestitures are socially embedded when the value of a firm’s divestiture depends on the prevailing institutional logics within the business society.