Factors influencing divestment decision‐making: Evidence from a field study
通过对40家大型多元化企业高管的访谈，研究发现业务单元实力、内部关联及母公司相对竞争对手的财务状况是剥离决策的关键因素，而宏观经济条件影响不大，部分结果与管理直觉相悖。
Abstract This research investigates factors which influenced the corporate‐level divestment decisions of large, diversified firms. Field research, including interviews with corporate executives of 40 large diversified firms, provided the data to test propositions developed from various literature sources. In general, thefindings from this research indicate that a business unit's strength, its relationship to other units in its firm and its parent firm's financial position compared to its competitors are important divestment influences, whereas other factors such as general economic conditions are not. Some of the findings are consistent with conventional management wisdom, but others are counterintuitive.