De-diversification in Germany: Some critical remarks on Nicolai/Thomas (2006)

Weller, Ingo; Mellewigt, Thomas and Decker, Carolin (2008). De-diversification in Germany: Some critical remarks on Nicolai/Thomas (2006). Schmalenbach Business Review, 60(2) pp. 205–210.

Abstract

In the article “De-Diversification Activities of German Corporations from 1988 to 2002: Perspectives from Agency and Management Fashion Theory”, published in sbr in January 2006, Nicolai and Thomas offer some interesting hypotheses and empirical analyses on the occurrence of de-diversifications in Germany. We question their results on both theoretical and empirical grounds: the applied operationalization is inadequate in the given context, and is likely to produce flawed findings. We elaborate on our concerns and suggest an alternative measurement approach.

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