It takes the average reader and 48 minutes to read What Does it Take to be Good Parent ? Opening the Black-box of Value Creation in the Unrelated Multibusiness Firm by Groupe HEC (Jouy-en-Josas, Yvelines). Direction de la recherche
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This paper develops and tests new theory about the determinants of value creation in unrelated multibusiness firms from a resource-based perspective. We argue that the availability of "headquarter resources", which are at the basis of headquarter services provided to the business units, is the driving force behind unrelated diversification. The availability of headquarter resources on the one hand and the need for the corresponding headquarter service on the other are key contingencies for value-creating unrelated diversification. We then examine the case of Leveraged Buyout (LBO) associations as one type of unrelated multibusiness firm and derive hypotheses from our theoretical model regarding the mechanisms through which the investing private equity firm (as the corporate center) adds value to the acquired portfolio companies (as business units). This analysis considers the moderating effect of: (a) relevant competencies of the private equity firm; and, (b) the need of the acquired units in these hypotheses. We test our predictions on a sample of 101 European LBO associations and find general support for our argument.
What Does it Take to be Good Parent ? Opening the Black-box of Value Creation in the Unrelated Multibusiness Firm by Groupe HEC (Jouy-en-Josas, Yvelines). Direction de la recherche is 47 pages long, and a total of 12,079 words.
This makes it 16% the length of the average book. It also has 15% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 6 minutes to read What Does it Take to be Good Parent ? Opening the Black-box of Value Creation in the Unrelated Multibusiness Firm aloud.
What Does it Take to be Good Parent ? Opening the Black-box of Value Creation in the Unrelated Multibusiness Firm is suitable for students ages 8 and up.
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What Does it Take to be Good Parent ? Opening the Black-box of Value Creation in the Unrelated Multibusiness Firm by Groupe HEC (Jouy-en-Josas, Yvelines). Direction de la recherche is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
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