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Cited by 560

The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.

Antecedents and Performance Outcomes of Diversification: A Review and Critique of Theoretical Perspectives

Hoskisson, Robert E., Hitt, Michael A.·1990·Journal of Management

Abstract

Three theoretical perspectives summarize diversification antecedents and performance outcomes. The first perspective examines diversification under the assumption of relative market perfection where, within industries, firms and products are homogeneous. The second perspective discusses diversification where both market and firm imperfections are assumed to exist. The thirdperspective also assumes market andfirm imperfections, butfurther assumes imperfect governance structures such that managerial motivesfor diversification are influential. These perspectives provide different explanations of antecedent resources and incentives that encourage (or discourage) diversification. This article reviews evidence associated with each perspective concerning the relationship between diversification and firm performance and offers suggestions forfuture research based on comparisons among these alternative perspectives.

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Metadata

Authors
Hoskisson, R. E., & Hitt, M. A.
Venue
Journal of Management
Published
1990-06
Volume
16
Issue
2
Pages
461-509
ISSN
  • 0149-2063 (ISSN-L)
  • 1557-1211
OpenAlex
W1996724804
Cited by
560
References
3
FWCI
28.10
Type
journal article
Language
en
Open access
closed

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