Conglomeration, (De)Globalization, and COVID-19

Autor: Afonso Carneiro Lima, Fernando Luiz Emerenciano Viana, Nishant Kathuria, Mike W. Peng
Rok vydání: 2021
Předmět:
Zdroj: Management and Organization Review. 17:394-400
ISSN: 1740-8784
1740-8776
DOI: 10.1017/mor.2021.12
Popis: Scope refers to the number of different economic activities (such as industries, segments, and product lines) and geographic markets (such as countries, states, provinces, and cities) in which a firm is engaged. Known as conglomerates worldwide (and business groups in emerging economies), firms embracing a strategy of conglomeration – product-unrelated diversification – feature some of the widest scope among all firms. During the recent globalization era, many classic conglomerates, such as Denmark's Danisco and Finland's Nokia, which had formerly dominated multiple unrelated industries in their home countries (Cell 4), reduced their product scope but significantly expanded their geographic scope (Meyer, 2006). [...]they tend to remain in Cell 2 longer than previously thought.
Databáze: OpenAIRE