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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.
Call Number | Location | Available |
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AMJ3403 | PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Ada, Ohio: Academy of Management 1991 |
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Edisi | Vol. 34, No. 3, Sept. 1991 |
Subjek | Cash management Organizational structure Diversification in industry Indsutrial organization complex organizations Resource allocation Discretionary income Event history analysis |
ISBN/ISSN | 0001-4273 |
Klasifikasi | NONE |
Deskripsi Fisik | 16 p. |
Info Detail Spesifik | Academy of Management Journal |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas |