The Impact of Modes of Entry and Resource Fit on Modes of Exit By Multibusiness Firms  

Oleh:

Sea-Jin, Chang ; Singh, Harbir

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 20 no. 11 (1999), page 1019-1036.
Topik: multibusiness firm; modes of entry; modes of exit; divestment; resource - based theory of the firm; knowledge - based view of the firm

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.4 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This study examines the choices of modes of entry and exit in the process of new business exploration. We find that exit mode choices are determined by a different set of factors form those that are important for the entry mode decision and the exit decision per se. Our study indicates that when the resource profiles of a parent firm and the business unit are more dissimilar, and there has been less development of firm - specific idiosyncratic assets, firms are more likely to sell businesses than dissolve them. Further, the study reports a strong relationship between the mode of exit from a line of business (sell - off versus dissolution) and the original model of entry.

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