How to undertake apparently unrelated diversification and build an empire
- Authors
- Kang, Hyoung Goo; Jeong, Jaeseok; Moon, Junghoon
- Issue Date
- May-2013
- Publisher
- National Academy of Management Vul
- Keywords
- Accumulation; Chaebol; Diversification; Growth; Resource-based view; Value
- Citation
- Actual Problems of Economics, v.143, no.5, pp.275 - 286
- Indexed
- SCOPUS
- Journal Title
- Actual Problems of Economics
- Volume
- 143
- Number
- 5
- Start Page
- 275
- End Page
- 286
- URI
- https://scholarworks.bwise.kr/hanyang/handle/2021.sw.hanyang/162726
- DOI
- 10.2139/ssrn.2148792
- ISSN
- 1993-6788
- Abstract
- Not only the types of strategic resources, but also the methods of sourcing resources are found to result in heterogeneous firm performances. Not all unrelated diversifications are same either. There are strong serial and cross-sectional dynamics about the execution of various practices of unrelated diversification. The definition of performance also dynamically changes across different business groups. The existing literature focuses on how corporate diversification creates value, using measures of relatedness as moderating variables. We contribute to the research by classifying diversification practices, investigating their performance and recommending how to undertake unrelated diversification.
- Files in This Item
-
Go to Link
- Appears in
Collections - 서울 경영대학 > 서울 파이낸스경영학과 > 1. Journal Articles
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.