| Description |
1 online resource (xxii, 266 pages) |
| Contents |
Foundations for understanding the divestiture phenomenon under analysis -- Prescriptive design of divestiture decision-making -- Behavioral and institutional factors influencing divesture decisions in practice -- Consolidation of conceptual and theoretical elements into a framework -- Empirical study in diversified DAX-30 companies -- Findings from the empirical study and refinement of the framework -- Conclusion |
| Summary |
Corporate divestitures can be a strategic tool for value creation when approached proactively. Despite their high managerial relevance, however, divestiture decisions are often made on a relatively unstructured and irrational basis, lacking routines and professional management. The entire field is very opaque and has been under-researched up to now - especially the behavioral limitations that play an important role as a managerial barrier to timely exits. Jan-Hendrik Sewing makes a significant contribution to opening the black box of current divestiture decision-making. He uses detailed case studies, including numerous interviews with corporate executives and experts from management consulting, private equity, and investment banking. The author develops a conceptual framework to identify remedies to behavioral pathologies and their origins. The study highlights multiple techniques for pursuing divestitures proactively and formulates best-practice recommendations |
| Analysis |
economie |
|
economics |
|
bedrijfswetenschap |
|
management science |
|
bedrijfsvoering |
|
management |
|
Management studies, Business Administration, Organizational Science (General) |
|
Management, bedrijfskunde, organisatiekunde (algemeen) |
| Notes |
Diss.-- Technische Universität Dortmund, 2009 |
| Bibliography |
Includes bibliographical references |
| Notes |
Print version record |
| Subject |
Corporate divestiture.
|
|
Disinvestment.
|
|
Affaires.
|
|
Science économique.
|
|
Economie de l'entreprise.
|
|
Corporate divestiture.
|
|
Disinvestment.
|
| Genre/Form |
Academic theses.
|
|
Academic theses.
|
|
Thèses et écrits académiques.
|
| Form |
Electronic book
|
| ISBN |
9783834986610 |
|
3834986615 |
|
