Nicolai, Alexander T.; Thomas, Thomas W. - In: Schmalenbach Business Review (sbr) 58 (2006) 1, pp. 56-80
In the past, many countries have witnessed de-diversification waves. In this paper we illustrate that the same phenomenon can be observed in Germany. We discuss different theoretical explanations for the occurrence of de-diversification: the predominant agency theory approach and the less common...