How to undertake apparently unrelated diversification and build an empire
- Title
- How to undertake apparently unrelated diversification and build an empire
- Author
- 강형구
- Keywords
- accumulation; chaebol; diversification; growth; resource-based view; value
- Issue Date
- 2013-05
- Publisher
- National Academy of Management Vul
- Citation
- Actual Problems of Economics, 2013, 143(5), P.275-86
- 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.
- URI
- https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2148792http://hdl.handle.net/20.500.11754/44504
- ISSN
- 1993-6788
- DOI
- 10.2139/ssrn.2148792
- Appears in Collections:
- GRADUATE SCHOOL OF BUSINESS[S](경영전문대학원) > ETC
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