De-Diversification in Germany: Some Critical Remarks on Nicolai and Thomas (2006)
AbstractIn the article “De-Diversification Activities of German Corporations from 1988 to 2002: Perspectives from Agency and Management Fashion Theory”, published in sbr in January 2006, Nicolai and Thomas offer some interesting hypotheses and empirical analyses on the occurrence of de-diversifications in Germany. We question their results on both theoretical and empirical grounds: the applied operationalization is inadequate in the given context, and is likely to produce flawed findings. We elaborate on our concerns and suggest an alternative measurement approach.
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Bibliographic InfoArticle provided by LMU Munich School of Management in its journal Schmalenbach Business Review.
Volume (Year): 60 (2008)
Issue (Month): 2 (April)
De-Diversifications; Disinvestments; Kolmogorov-Smirnov Test; Management Fashions; Neo-Institutionalism;
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