000			01408naa a2200193uu 4500
001			5121915031210
003			OSt
005			20190211160411.0
008			051219s2005 xx ||||gr |0|| 0 eng d
100	1		_aSIMIZU, Katsuhiko _922807
245	1	0	_aWhat Constrains or Facilitates Divestitures of Formerly Acquired Firms? The Effects of Organizational Inertia
260			_aLondon : _bSage, _cFebruary 2005
520	3		_aThis study examined behavioral explanations for the divestitures of formerly acquired units, particularly organizational inertia. It was argued that characteristics of parent firms and divested units reduce the likelihood of divesting a poorly performing unit. Conversely, it was also argued that change of key personnel and effective governance mechanisms increase the likelihood of such divestitures. Importantly, the results show that with age and size combined, appointment of new outside directors and divestiture experience (among other variables) moderated the effects on the likelihood of firms divesting units they had previously acquired. Implications for future theory development and management practice are also discussed
700	1		_aHITT, Michael A _922808
773	0	8	_tJournal of management : J.O.M _g31, 1, p. 50-72 _dLondon : Sage, February 2005 _xISSN 0149-2063 _w
942			_cS
998			_a20051219 _b1503^b _cTiago
998			_a20090608 _b1748^b _cTiago
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c14381 _d14381
041			_aeng