De-Diversification in Germany: Some Critical Remarks on Nicolai and Thomas (2006)

Weller, Ingo ; Mellewigt, Thomas und Decker, Carolin (2008): De-Diversification in Germany: Some Critical Remarks on Nicolai and Thomas (2006). In: Schmalenbach Business Review, Vol. 60, No. 2: pp. 205-210

Abstract

In the article "De-Diversification Activities of German Corporations from 1988 to 2002: Perspectives from Agency and Management Fashion Theory", published in sbr in January 2006, Nicolai and Thomas offer some interesting hypotheses and empirical analyses on the occurrence of de-diversifications in Germany. We question their results on both theoretical and empirical grounds: the applied operationalization is inadequate in the given context, and is likely to produce flawed findings. We elaborate on our concerns and suggest an alternative measurement approach.

• Item Type: Journal article
• Keywords: De-Diversifications; Disinvestments; Kolmogorov-Smirnov Test; Management Fashions; Neo-Institutionalism
• Faculties: Munich School of Management > Institute for Human Capital Management
• Subjects: 300 Social sciences > 330 Economics
• JEL Classification: B40, C14, L25, M10
• ISSN: 1439-2917
• Language: English