CORPORATE DIVESTITURE INTENSITY IN RESTRUCTURING FIRMS: EFFECTS OF GOVERNANCE, STRATEGY, AND PERFORMANCE.

Robert E. Hoskisson, R. A. Johnson, Douglas D. Moesel

Academy of Management Journal · 1994 · 631 citations · 80 references

Concepts

Abstract

Both inadequate governance and inappropriate strategy have been proposed as antecedents of the divestment activity of restructuring firms in the 1980s. We combined both views in a structural equati...

References

80