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the Multidivisional structure as an enabling device: a longitudinal study of discretionary cash as a strategic resource

Russo, Michael V. - ;

This study's argument is that adoption of a multidivisional, or M-form, organizational structure is linked to increases in a firm's levels of discretionary cash. I developed this proposition by assessing the advantages of the M-form as an instrument for directing cash, a fully fungible corporate resource, to alternative uses. Event history analysis was used to model the diffusion of the M-form through a group of electric utilities. Results show that the hypothesized relationship holds, even when the effects of firm size, levels of diversification and vertical integration, and possible imitation effects are controlled.


Ketersediaan

Call NumberLocationAvailable
AMJ3403PSB lt.dasar - Pascasarjana1
PenerbitAda, Ohio: Academy of Management 1991
EdisiVol. 34, No. 3, Sept. 1991
SubjekCash management
Organizational structure
Diversification in industry
Indsutrial organization
complex organizations
Resource allocation
Discretionary income
Event history analysis
ISBN/ISSN0001-4273
KlasifikasiNONE
Deskripsi Fisik16 p.
Info Detail SpesifikAcademy of Management Journal
Other Version/RelatedTidak tersedia versi lain
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  • The Multidivisional Structure as an Enabling Device: A Longitudinal Study of Discretionary Cash as a Strategic Resource
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