publication . Research . Article . Other literature type . 2009


Panagiotis Desyllas;
Open Access
  • Published: 01 Jul 2009
  • Country: United Kingdom
Unlike previous work on the vertical integration-performance relationship, we investigate the performance consequences of vertical disintegration. We offer a theoretical justification for the disintegration decision and we condition the disintegration effect on performance on the initial degree of firm integration, the timing and the direction of disintegration. Using a sample of UK manufacturing firms and controlling for disintegration endogeneity, we find that disintegration eventually results in improved operating performance, particularly when disintegration occurs as a reaction to poor performance and in cases of forward between-sector disintegration. Howev...
free text keywords: /dk/atira/pure/subjectarea/asjc/1400/1403, Business and International Management, /dk/atira/pure/subjectarea/asjc/1400/1405, Management of Technology and Innovation, /dk/atira/pure/subjectarea/asjc/1400/1408, Strategy and Management, /dk/atira/pure/subjectarea/asjc/1800/1803, Management Science and Operations Research, Manufacturing firms, Economics, Industrial organization, Endogeneity, Operations management, Vertical disintegration
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