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The evolution of corporate divestment: towards a new research paradigm?

dc.contributor.authorPedro M. Freitas da Silva
dc.contributor.authorMoreira, Antonio
dc.contributor.editorDOGRU, Çağlaren_US
dc.date.accessioned2026-02-02T11:02:51Z
dc.date.available2026-02-02T11:02:51Z
dc.date.issued2018en_US
dc.date.updated2026-01-27T12:36:08Z
dc.description.abstractWhen compared to other fields of research such as mergers and acquisitions, corporate divestment is under researched. There are at least three main reasons for this: the environment in which corporate divestment research has taken place has caused divestments to be understood as acquisition-driven rather than strategy-driven, the scope and distinct modes of divestment, and the difficulties in isolating the divestment phenomena. The objective of this chapter is to review the main theoretical approaches used in the study of divestment, to analyze their contribution to the field, and to discuss whether new approaches are needed in divestment research. Most studies of divestment are based on the concept that divestment is the outcome of poor unit performance, and the reversal of previous over-diversification and growth strategies that expanded the company size beyond optimal control. This chapter proposes four future lines of research into corporate divestment: the international business strategy, the network perspective, the stakeholders’ perspective, and the institutional theory.eng
dc.description.versioninfo:eu-repo/semantics/publishedVersion
dc.identifier.doi10.4018/978-1-5225-6301-3.ch015en_US
dc.identifier.isbn9781522563013en_US
dc.identifier.slugcv-prod-897910
dc.identifier.urihttp://hdl.handle.net/10400.2/21109
dc.language.isoeng
dc.peerreviewedyes
dc.publisherIGI Globalen_US
dc.rights.uriN/A
dc.titleThe evolution of corporate divestment: towards a new research paradigm?eng
dc.typebook parten_US
dspace.entity.typePublication
oaire.citation.endPage316
oaire.citation.startPage292
oaire.citation.titleHandbook of Research on Contemporary Approaches in Management and Organizational Strategyen_US
oaire.versionhttp://purl.org/coar/version/c_970fb48d4fbd8a85
person.familyNameMoreira
person.givenNameAntonio
person.identifier.orcid0000-0002-6613-8796
rcaap.cv.cienciaid541F-5442-5666 | António Carrizo Moreira
rcaap.rightsrestrictedAccessen_US
relation.isAuthorOfPublication51ad303d-335c-4e2f-bae3-fffffef2e2f5
relation.isAuthorOfPublication.latestForDiscovery51ad303d-335c-4e2f-bae3-fffffef2e2f5

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