Economics, Politics and Nations: the Diffusion of the Multidivisional Form in Europe

Mayer, Michael and Whittington, Richard (2004) Economics, Politics and Nations: the Diffusion of the Multidivisional Form in Europe. Journal of Management Studies, 41 (7). pp. 1057-1082.

Abstract

This paper assesses economic, political and national institutional explanations for continued resistance to the multidivisional form in France, Germany and the United Kingdom during the 1980s and 1990s. It finds that the economics of different diversification strategies play a significant but changing role in the structural choices of large corporations. The political interests of personal, banking and government owners are exercised variably. There remain strong national influences on structural choices, with resistance to the multidivisional form particularly pronounced in Germany. Overall, our results call for an increased contextual sensitivity in management research while acknowledging the possibility of convergent processes in business organization, represented here by the slow progress of the multidivisional firm.

Item Type: Article
Subject(s): Strategy; Entrepreneurship & Global business
Centre: Faculty of Strategy, Entrepreneurship and International Business
Date Deposited: 19 Dec 2011 11:31
Last Modified: 23 Oct 2015 14:06
URI: http://eureka.sbs.ox.ac.uk/id/eprint/1765

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