The impact of modes of entry and resource fit on modes of exit by multibusiness firms

Cited 59 time in webofscience Cited 0 time in scopus
  • Hit : 34
  • Download : 0
This study examines the choices of modes of entry and exit in the process of new business exploration. We find that exit mode choices ave determined by a different set of factors from those that are important for the entry mode decision and the exit decision per se. Our study indicates that when the resource profiles of a parent firm and the business unit are more dissimilar, and there has been less development of firm-specific idiosyncratic assets, firms are more likely to sell businesses than dissolve them. Further, the study reports a strong relationship between the mode of exit from a line of business (sell-off vs, dissolution) and the original mode of entry (acquisition versus internal development). Copyright (C) 1999 John Wiley & Sons, Ltd.
Publisher
JOHN WILEY SONS LTD
Issue Date
1999-11
Language
English
Article Type
Article
Keywords

DIVERSIFICATION; PERFORMANCE; INDUSTRY; AGE; EXPANSION; STRATEGY; GROWTH

Citation

STRATEGIC MANAGEMENT JOURNAL, v.20, no.11, pp.1019 - 1035

ISSN
0143-2095
DOI
10.1002/(SICI)1097-0266(199911)20:11<1019::AID-SMJ66>3.0.CO;2-9
URI
http://hdl.handle.net/10203/255953
Appears in Collection
MT-Journal Papers(저널논문)
Files in This Item
There are no files associated with this item.
This item is cited by other documents in WoS
⊙ Detail Information in WoSⓡ Click to see webofscience_button
⊙ Cited 59 items in WoS Click to see citing articles in records_button

qr_code

  • mendeley

    citeulike


rss_1.0 rss_2.0 atom_1.0