Behavioral and institutional factors influencing divesture decisions in practice
Corporate decision-making is prone to behavioral limitations. This chapter presents several limitations relevant for the divestiture context and arranges them into a grid for analyzing organizational controls for their mitigation (Chapter 4.1). Furthermore, organizational design for divestiture decisions – including the controls intended to impose greater rationality – is suggested to be influenced by institutional factors from the organizational environment. Potentially relevant forces that shape decision-making practice over time and that could eventually result in similar organizational patterns are therefore also presented in the following (Chapter 4.2).
KeywordsMutual Fund Hedge Fund Portfolio Management Supervisory Board Organizational Field
Unable to display preview. Download preview PDF.