| Vorliegende Sprache |
eng |
| Hinweise auf parallele Ausgaben |
322187168 Buchausg. u.d.T.: ‡Sewing, Jan-Hendrik: Corporate divestiture management |
| ISBN |
978-3-8349-2013-3 |
| Name |
Sewing, Jan-Hendrik |
| T I T E L |
Corporate Divestiture Management |
| Zusatz zum Titel |
Organizational Techniques for Proactive Divestiture Decision-Making |
| Verlagsort |
Wiesbaden |
| Verlag |
Gabler |
| Erscheinungsjahr |
2010 |
| 2010 |
| Umfang |
Online-Ressource (XXII, 266p. 53 illus, digital) |
| Reihe |
SpringerLink. Bücher |
| Notiz / Fußnoten |
Literaturverz. S. 253 - 266 |
| Weiterer Inhalt |
Foreword; Preface; Overview of Contents; Table of Contents; List of Figures; List of Tables; List of Abbreviations; 1 Introduction; 1.1 Problem statement; 1.1.1 Changing market conditions; 1.1.2 Management challenges; 1.2 Relevant previous research on divestitures, and research gap; 1.2.1 Origins and misconceptions; 1.2.2 Theoretical background; 1.2.3 Divestiture research streams; 1.2.3.1 Antecedents; 1.2.3.2 Outcomes; 1.2.3.3 Decision and process management; 1.2.4 Conceptual studies and dissertations on divestiture; 1.2.5 Managerial research; 1.3 Objective and research questions. 1.4 Research design and structure2 Foundations for understanding the divestiture phenomenon under analysis; 2.1 Definition and scope of the term; 2.2 Change in meaning of divestitures; 2.2.1 Extent of real divestiture activity; 2.2.2 Divestitures as an epiphenomenon of the diversification trend; 2.2.3 Divestitures during the era of corporate restructuring; 2.2.4 Divestitures in the late nineties; 2.2.5 Evolution of divestiture practice; 2.3 Divestiture as a potential strategic option; 2.3.1 Motives for divestiture; 2.3.2 Barriers to divestiture; 2.3.2.1 Economic and structural barriers. 2.3.2.2 Strategic barriers2.3.2.3 Managerial barriers; 2.3.3 Divestiture for corporate development; 2.4 Value creation as the goal; 2.4.1 Divestiture's sources of corporate value creation; 2.4.2 Proactive divestiture decisions; 2.4.2.1 Reconfiguration in the business life cycle; 2.4.2.2 Indicators of proactiveness in divestiture decision-making; 2.4.2.3 Rationality in divestiture decision-making; 3 Prescriptive design of divestiture decision-making; 3.1 Basic model for rational, logical decision-making; 3.1.1 Target-setting for divestitures; 3.1.2 Decision-planning for divestitures. 3.1.2.1 Resource situation3.1.2.2 External and internal environment; 3.1.2.3 Alternative modes of divestiture; 3.1.2.4 Alternative modes for continuation; 3.2 Organizational design elements for divestiture decisions; 3.2.1 Process; 3.2.2 Actors; 3.2.2.1 Management of the divestiture unit; 3.2.2.2 Higher-level management; 3.2.2.3 Staff and central functions; 3.2.3 Decision models; 3.2.3.1 Capital budgeting models; 3.2.3.2 Multiples and market timing models; 3.2.3.3 Portfolio matrices; 3.2.3.4 Scoring models; 3.2.4 Information systems and steering mechanisms. 3.2.4.1 Management Information Systems3.2.4.2 Key performance indicators and incentive systems; 3.2.5 Divestiture flexibility in strategy, structure, and culture; 3.2.5.1 Leeway to act; 3.2.5.2 Willingness to act; 3.2.5.3 Capacity to act; 4 Behavioral and institutional factors influencing divesture decisions in practice; 4.1 Behavioral Decision-Making; 4.1.1 Theoretical foundations; 4.1.2 Selected behavioral factors influencing divestiture decisions - decision-making pathologies; 4.1.2.1 Inappropriate information demand; 4.1.2.2 Confirmation bias; 4.1.2.3 Single-outcome calculation. 4.1.2.4 Satisficing |
| Titelhinweis |
Buchausg. u.d.T.: ‡Sewing, Jan-Hendrik: Corporate divestiture management |
| ISBN |
ISBN 978-3-8349-8661-0 |
| Klassifikation |
KJM |
| BUS041000 |
| KFFD |
| BUS051000 |
| 650 |
| 336 |
| 658.152 |
| 658.1 |
| HD28-70 |
| QP 300 |
| Kurzbeschreibung |
Foundations for understanding the divestiture phenomenon under analysis -- Prescriptive design of divestiture decision-making -- Behavioral and institutional factors influencing divesture decisions in practice -- Consolidation of conceptual and theoretical elements into a framework -- Empirical study in diversified DAX-30 companies -- Findings from the empirical study and refinement of the framework -- Conclusion |
| 2. Kurzbeschreibung |
Corporate divestitures can be a strategic tool for value creation when approached proactively. Despite their high managerial relevance, however, divestiture decisions are often made on a relatively unstructured and irrational basis, lacking routines and professional management. The entire field is very opaque and has been under-researched up to now - especially the behavioral limitations that play an important role as a managerial barrier to timely exits. Jan-Hendrik Sewing makes a significant contribution to opening the black box of current divestiture decision-making. He uses detailed case studies, including numerous interviews with corporate executives and experts from management consulting, private equity, and investment banking. The author develops a conceptual framework to identify remedies to behavioral pathologies and their origins. The study highlights multiple techniques for pursuing divestitures proactively and formulates best-practice recommendations |
| 1. Schlagwortkette |
Unternehmen |
| Desinvestition |
| Wertschöpfung |
| Strategisches Management |
| 1. Schlagwortkette ANZEIGE DER KETTE |
Unternehmen -- Desinvestition -- Wertschöpfung -- Strategisches Management |
| 2. Schlagwortkette |
Unternehmen |
| Desinvestition |
| Wertschöpfung |
| Strategisches Management |
| ANZEIGE DER KETTE |
Unternehmen -- Desinvestition -- Wertschöpfung -- Strategisches Management |
| SWB-Titel-Idn |
323617913 |
| Signatur |
Springer E-Book |
| Bemerkungen |
Elektronischer Volltext - Campuslizenz |
| Elektronische Adresse |
$uhttp://dx.doi.org/10.1007/978-3-8349-8661-0 |
| Internetseite / Link |
Volltext |
| Siehe auch |
Inhaltsverzeichnis |
| Siehe auch |
Volltext |
| Siehe auch |
Cover |
