Kim, Hicheon; Hoskisson, Robert E.; Tihanyi, Laszlo; … - In: Asia Pacific Journal of Management 21 (2004) 1_2, pp. 25-48
This paper proposes an evolutionary model of business groups in emerging economies by tracing the evolution and restructuring of business groups in Korea. Underlying our model are two theoretical premises: (1) the value-creation potential of business group diversification depends on the quality...