The Institutionalization of Divestitures A Meta-Analysis of Stock Market Performance
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The Institutionalization of Divestitures A Meta-Analysis of Stock Market Performance

SKU: 9783834994677

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Additional information

Full Title

The Institutionalization of Divestitures A Meta-Analysis of Stock Market Performance
Author(s)

Miriam Flickinger
Edition
ISBN

9783834994677, 9783834916709
Publisher

Gabler Verlag
Format

PDF and EPUB

Description

Miriam Flickinger investigates the stock market reaction to divestiture announcements from an institutionally-based perspective. Using meta-analytic procedures, the author extends the present financially dominated understanding of divestiture performance implications. She shows that divestitures are socially embedded when the value of a firm’s divestiture depends on the prevailing institutional logics within the business society.