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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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