Legitimacy Needs as Drivers of Business Exit

A diversified firm s withdrawal from a business unit, i.e. business exit, is a significant phenomenon in management practice. Although divestitures are highly relevant in practice, the acquisition of business units attracts much more attention in strategic management research. Carolin Decker develop...

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Principais autores: Decker, Carolin., SpringerLink (Online service)
Formato: Digital
Publicado em:
Assuntos:
Administração.
Planejamento empresarial.
Negócios.
Economia.
Endereço do item:http://dx.doi.org/10.1007/978-3-8349-9759-3
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spelling oai:localhost:123456789-1301602023-07-17T15:09:27Z Legitimacy Needs as Drivers of Business Exit Decker, Carolin. SpringerLink (Online service) Administração. Planejamento empresarial. Negócios. Economia. A diversified firm s withdrawal from a business unit, i.e. business exit, is a significant phenomenon in management practice. Although divestitures are highly relevant in practice, the acquisition of business units attracts much more attention in strategic management research. Carolin Decker develops and empirically applies a framework in which business exits serve the purpose of re-establishing a firm s previously harmed legitimacy. She suggests four types of legitimacy needs that are to be satisfied with the divestiture of a business unit and the simultaneous pursuit of strategic reorientation. The author tests the theoretical framework with secondary data on 213 business exits. Her findings support the idea that legitimacy needs drive the likelihood of fit-enhancing business exits in divesting firms. 0 2022-10-06T08:00:11Z 2022-10-06T08:00:11Z 2008. Digital 658 D295l 9783834997593 198755 http://dx.doi.org/10.1007/978-3-8349-9759-3 http://dx.doi.org/10.1007/978-3-8349-9759-3
institution Acervo SISBI
collection SIGAA
topic Administração.
Planejamento empresarial.
Negócios.
Economia.
spellingShingle Administração.
Planejamento empresarial.
Negócios.
Economia.
Decker, Carolin.
SpringerLink (Online service)
Legitimacy Needs as Drivers of Business Exit
description A diversified firm s withdrawal from a business unit, i.e. business exit, is a significant phenomenon in management practice. Although divestitures are highly relevant in practice, the acquisition of business units attracts much more attention in strategic management research. Carolin Decker develops and empirically applies a framework in which business exits serve the purpose of re-establishing a firm s previously harmed legitimacy. She suggests four types of legitimacy needs that are to be satisfied with the divestiture of a business unit and the simultaneous pursuit of strategic reorientation. The author tests the theoretical framework with secondary data on 213 business exits. Her findings support the idea that legitimacy needs drive the likelihood of fit-enhancing business exits in divesting firms.
format Digital
author Decker, Carolin.
SpringerLink (Online service)
author_facet Decker, Carolin.
SpringerLink (Online service)
author_sort Decker, Carolin.
title Legitimacy Needs as Drivers of Business Exit
title_short Legitimacy Needs as Drivers of Business Exit
title_full Legitimacy Needs as Drivers of Business Exit
title_fullStr Legitimacy Needs as Drivers of Business Exit
title_full_unstemmed Legitimacy Needs as Drivers of Business Exit
title_sort legitimacy needs as drivers of business exit
publishDate 2022
url http://dx.doi.org/10.1007/978-3-8349-9759-3
work_keys_str_mv AT deckercarolin legitimacyneedsasdriversofbusinessexit
AT springerlinkonlineservice legitimacyneedsasdriversofbusinessexit
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