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Managing Business Portfolios Effectively : On the Explanatory Power of the Parenting Advantage Concept / by Matthias Krühler
Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: SpringerLink BücherPublisher: Wiesbaden : Gabler Verlag, 2012Description: Online-Ressource (XV, 224p. 5 illus, digital)ISBN:- 9783834935014
- 658.4092
- 332.6
- HD28-70
Contents:
Summary: Exploring Parenting Advantage -- Analyzing Parenting Advantage -- Operationalizing Parenting Advantage -- Identifying and Evaluating Parenting Strategies -- Do Parenting Strategies Pay Off for Private Equity Firms?Summary: The concept of parenting advantage offers a clear framework and guiding principle for corporate-level decision-making, including corporate portfolio management and corporate organization. Matthias Krühler fundamentally investigates the ability and explanatory power of the parenting advantage concept in order to effectively manage business portfolios. His theoretical, conceptual, and empirical research addresses identified shortages and expands the scientific application of the 1994 introduced concept. The author provides a number of valuable contributions for strategic management theory, reveals new avenues for future research on corporate strategy, and highlights normative implications for corporate management practicePPN: PPN: 1651471703Package identifier: Produktsigel: ZDB-2-SBE
Foreword; Acknowledgements; Table of Contents; List of Figures; List of Tables; 1 Introduction; 1.1 Motivation and Objective; 1.2 Outline of the Study; 2 Exploring Parenting Advantage; 2.1 Abstract; 2.2 Introduction; 2.3 The Concept of Parenting Advantage; 2.3.1 Value Creation by the Corporate Parent; 2.3.2 Value Destruction by the Corporate Parent; 2.3.3 The Question of Best Ownership; 2.4 Systematic Literature Review and Analysis; 2.4.1 Methodology and Research Approach; 2.4.2 Classification of Relevant Literature; 2.4.3 Origins of the Concept
2.4.4 Application to Corporate Functions and Tasks2.4.5 Application to Industries and Business Environments; 2.4.6 Empirical Evidence for the Key Premises; 2.5 Research Agenda; 2.5.1 Relevance and Application; 2.5.2 Identification of Parenting Strategies; 2.5.3 Operationalization of the Concept; 3 Analyzing Parenting Advantage; 3.1 Abstract; 3.2 Introduction; 3.3 Parenting Literature Review and Research Questions; 3.3.1 Theoretical Foundation; 3.3.2 Practical Relevance; 3.3.3 Portfolio Structure and Culture; 3.3.4 Application in Portfolio Management; 3.4 Methodology
3.4.1 Data, Sample, and Bias Tests3.4.2 Survey Measures; 3.5 Results and Discussion; 3.5.1 Relevance for Corporate Strategy; 3.5.2 Observable Parenting Approaches; 3.5.3 Portfolio Structure and Culture; 3.5.4 Application in Portfolio Management; 3.6 Conclusion; 4 Operationalizing Parenting Advantage; 4.1 Abstract; 4.2 Introduction; 4.3 A Brief Examination of the Concept; 4.3.1 Theoretical Foundation; 4.3.2 Empirical and Methodological Deficits; 4.4 Framework; 4.4.1 Basic Requirements; 4.4.2 Conceptual Model; 4.5 Operationalization; 4.5.1 Strategic Guidance and Support
4.5.2 Negative Influence4.5.3 Central Resources and Services; 4.5.4 Overhead Costs; 4.5.5 Sales and Managerial Synergies; 4.5.6 Resource Competition; 4.5.7 Operating and Investment Synergies; 4.5.8 Cost of Complexity; 4.6 Contributions; 5 Identifying and Evaluating Parenting Strategies; 5.1 Abstract; 5.2 Introduction; 5.3 Methodology; 5.3.1 The Framework; 5.3.2 Analysis Procedure; 5.3.3 Data, Sample, and Bias Tests; 5.3.4 Survey Measures; 5.3.5 Multivariate Methods; 5.4 Results and Discussion; 5.4.1 Value Driver Audit; 5.4.2 Strategy Identification; 5.4.3 Performance; 5.5 Conclusion
5.6 Appendix6 Do Parenting Strategies Pay Off for PE Firms?; 6.1 Abstract; 6.2 Introduction; 6.3 Conceptual Background and Framework; 6.3.1 Similarities Between PE and Multi-Business Firms; 6.3.2 Parenting Advantage and Why it Matters for PE Firms; 6.3.3 An Enhanced Parenting Framework for PE Firms; 6.4 Hypotheses Development; 6.4.1 Stand-Alone Influence; 6.4.2 Linkage Influence; 6.4.3 Central Functions and Services; 6.5 Method; 6.5.1 Research Model; 6.5.2 Sample; 6.5.3 Measures; 6.6 Results; 6.6.1 Descriptive Statistics; 6.6.2 Hypotheses Testing; 6.6.3 Robustness; 6.7 Discussion
6.8 Conclusion
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