The Impact of Firm Diversification Level on Divestment: The Role of Cultural Distance and Previous Divestiture Activity
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Issue Date
2023-06-29
Language
en
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Abstract
This study aims to contribute to the divestment topic, a relevant subject for both researchers and managers, as timely divestiture plays a crucial role in a firm's financial well-being. Therefore, this research aims to explore the relationship between the level of firm diversification and the likelihood of divestment, considering cultural distance and the characteristics of previous divestitures conducted by the firm.
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Faculteit der Managementwetenschappen