TY - BOOK AU - Sewing,Jan-Hendrik ED - SpringerLink (Online service) TI - Corporate Divestiture Management: Organizational Techniques for Proactive Divestiture Decision-Making SN - 9783834986610 AV - HD28-70 U1 - 650 23 PY - 2010/// CY - Wiesbaden PB - Gabler KW - Economics KW - Industrial management KW - Economics/Management Science KW - Management/Business for Professionals N1 - Foundations for understanding the divestiture phenomenon under analysis -- Prescriptive design of divestiture decision-making -- Behavioral and institutional factors influencing divesture decisions in practice -- Consolidation of conceptual and theoretical elements into a framework -- Empirical study in diversified DAX-30 companies -- Findings from the empirical study and refinement of the framework -- Conclusion N2 - Corporate divestitures can be a strategic tool for value creation when approached proactively. Despite their high managerial relevance, however, divestiture decisions are often made on a relatively unstructured and irrational basis, lacking routines and professional management. The entire field is very opaque and has been under-researched up to now – especially the behavioral limitations that play an important role as a managerial barrier to timely exits. Jan-Hendrik Sewing makes a significant contribution to opening the black box of current divestiture decision-making. He uses detailed case studies, including numerous interviews with corporate executives and experts from management consulting, private equity, and investment banking. The author develops a conceptual framework to identify remedies to behavioral pathologies and their origins. The study highlights multiple techniques for pursuing divestitures proactively and formulates best-practice recommendations UR - http://148.231.10.114:2048/login?url=http://link.springer.com/book/10.1007/978-3-8349-8661-0 ER -