Managing multi-business firms: A comparison between Korean chaebols and diversified US firms

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dc.contributor.authorLee, Ji-Hwanko
dc.contributor.authorGaur, Ajai S.ko
dc.date.accessioned2015-11-20T12:32:30Z-
dc.date.available2015-11-20T12:32:30Z-
dc.date.created2013-11-05-
dc.date.created2013-11-05-
dc.date.issued2013-10-
dc.identifier.citationJOURNAL OF WORLD BUSINESS, v.48, no.4, pp.443 - 454-
dc.identifier.issn1090-9516-
dc.identifier.urihttp://hdl.handle.net/10203/201536-
dc.description.abstractWe identify and examine the efficacy of organizational mechanisms through which diversified firms are effectively managed without loss of control. Building on the resource based view of business groups, we argue that business groups in emerging markets use these mechanisms more often and derive more benefits from the use of these mechanisms than the diversified U.S. firms. Empirical results based on samples from Korea and the U.S. show that structural mechanisms such as strategic control and contingency arrangements, do not affect divisional performance, whereas socio-cultural mechanisms, such as shared values and corporate-level training, have significant effect on divisional performance. We also find that Korean chaebols have leveraged socio-cultural mechanisms better than large U.S. firms, and thus, have an advantage in continuing to diversify. (C) 2012 Elsevier Inc. All rights reserved.-
dc.languageEnglish-
dc.publisherELSEVIER SCIENCE INC-
dc.subjectRESOURCE-BASED VIEW-
dc.subjectEMERGING MARKETS-
dc.subjectGROUP AFFILIATION-
dc.subjectUNIT LEVEL-
dc.subjectPERFORMANCE-
dc.subjectGOVERNANCE-
dc.subjectSTRATEGIES-
dc.subjectMANAGEMENT-
dc.subjectADVANTAGE-
dc.subjectCHINA-
dc.titleManaging multi-business firms: A comparison between Korean chaebols and diversified US firms-
dc.typeArticle-
dc.identifier.wosid000325595500001-
dc.identifier.scopusid2-s2.0-84883560794-
dc.type.rimsART-
dc.citation.volume48-
dc.citation.issue4-
dc.citation.beginningpage443-
dc.citation.endingpage454-
dc.citation.publicationnameJOURNAL OF WORLD BUSINESS-
dc.identifier.doi10.1016/j.jwb.2012.09.001-
dc.contributor.localauthorLee, Ji-Hwan-
dc.contributor.nonIdAuthorGaur, Ajai S.-
dc.type.journalArticleArticle-
dc.subject.keywordAuthorMulti-business firm-
dc.subject.keywordAuthorBusiness group-
dc.subject.keywordAuthorChaebol-
dc.subject.keywordAuthorDiversilication-
dc.subject.keywordAuthorOrganizational mechanism-
dc.subject.keywordPlusRESOURCE-BASED VIEW-
dc.subject.keywordPlusEMERGING MARKETS-
dc.subject.keywordPlusGROUP AFFILIATION-
dc.subject.keywordPlusUNIT LEVEL-
dc.subject.keywordPlusPERFORMANCE-
dc.subject.keywordPlusGOVERNANCE-
dc.subject.keywordPlusSTRATEGIES-
dc.subject.keywordPlusMANAGEMENT-
dc.subject.keywordPlusADVANTAGE-
dc.subject.keywordPlusCHINA-
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