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Economics/Finances Legitimacy Needs as Drivers of Business Exit

Posted on 2010-03-16




Name:Economics/Finances Legitimacy Needs as Drivers of Business Exit
ASIN/ISBN:383490936X
Language:English
File size:1.1 Mb
Publish Date: 2008
ISBN: 383490936X
Pages: 181 pages
File Type: PDF
File Size: 1,1 MB
Other Info: Gabler
   Economics/Finances Legitimacy Needs as Drivers of Business Exit

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Carolin Decker, "Legitimacy Needs as Drivers of Business Exit"

As 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 simulaneous pursuit of strategic reorientation.

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