Survival and Performance of Strategic Restructuring Spin-offs and Necessity Spin-offs

Thomas Roslyng Olesen, Agnieszka Nowinska

Publikation: Bidrag til bog/antologi/rapportKonferenceabstrakt i proceedingsForskningpeer review

Abstrakt

In the past decade, researchers have increasingly explored the performance of spin-offs created by events that adversely affected the incumbent. Extant literature has, however, mainly focused on employee made necessity spin-offs, while the post entry performance of incumbent made strategic restructuring spin-offs has largely been ignored. This may result in an overestimation of the performance of the former type of spin off. In the current study, we explore the post entry performance and survivability of 26 strategic restructuring and necessity spin-offs from four Danish shipyard closures over almost four decades. We find that strategic restructuring spin-offs outperform necessity spin-offs on several growth parameters including turnover and employment. Surprisingly, we also find strategic restructuring spin offs to have higher survival rate than the necessity spin-offs. The study adds to our knowledge on the relationship between spin-off type and firm growth and suggest that further attention should be given to spin-offs created in strategic restructurings.
OriginalsprogEngelsk
TitelProceedings of the Eighty-first Annual Meeting of the Academy of Management
RedaktørerSonia Taneja
Antal sider1
UdgivelsesstedBriarcliff Manor, NY
ForlagAcademy of Management
Publikationsdato2021
DOI
StatusUdgivet - 2021
BegivenhedThe Academy of Management Annual Meeting 2021: Bringing the Manager Back in Management - Online
Varighed: 29 jul. 20214 aug. 2021
Konferencens nummer: 81
https://aom.org/events/annual-meeting

Konference

KonferenceThe Academy of Management Annual Meeting 2021
Nummer81
LokationOnline
Periode29/07/202104/08/2021
Internetadresse
NavnAcademy of Management Proceedings
ISSN2151-6561

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