CHALLENGES IN RESEARCHING CORPORATE RESTRUCTURING*
回顾了收购、剥离和管理层收购等公司重组研究,指出三大挑战:理论抽象与制度细节的权衡、定义有战略意义的研究问题、追求局部模型还是发展综合理论,并呼吁更多关注制度细节和重组与绩效关联的研究。
ABSTRACT This article reviews research on corporate restructuring by examining representative studies of acquisitions, divestitures and management buyouts. Theoretical arguments used in prior research on these aspects of restructuring are presented and the empirical evidence is reviewed. Three challenges in researching corporate restructuring are identified: trading off theoretical abstraction for institutional detail, defining strategically meaningful research questions, and the pursuit of partial models versus development of a comprehensive theory of restructuring. the conclusion is that theoretical and methodological pluralism are essential for advancement of research on this topic. the article concludes with a call for more research involving institutional detail and linking modes of restructuring to performance.