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Diversification strategy, CEO management style and firm performance: an application of Heckman’s two-stage method

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  • Almudena Martínez-Campillo
  • Roberto Fernández-Gago

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  • Almudena Martínez-Campillo & Roberto Fernández-Gago, 2011. "Diversification strategy, CEO management style and firm performance: an application of Heckman’s two-stage method," Quality & Quantity: International Journal of Methodology, Springer, vol. 45(1), pages 59-73, January.
    • Handle: RePEc:spr:qualqt:v:45:y:2011:i:1:p:59-73
    DOI: 10.1007/s11135-009-9290-3
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    References listed on IDEAS

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    1. Morela Hernandez, 2008. "Promoting Stewardship Behavior in Organizations: A Leadership Model," Journal of Business Ethics, Springer, vol. 80(1), pages 121-128, June.
    2. Jacquemin, Alexis P & Berry, Charles H, 1979. "Entropy Measure of Diversification and Corporate Growth," Journal of Industrial Economics, Wiley Blackwell, vol. 27(4), pages 359-369, June.
    3. Deepak K. Datta & Nandini Rajagopalan & Abdul M. A. Rasheed, 1991. "Diversification and Performance: Critical Review and Future Directions," Journal of Management Studies, Wiley Blackwell, vol. 28(5), pages 529-558, September.
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    5. Douglas J. Miller, 2004. "Firms' technological resources and the performance effects of diversification: a longitudinal study," Strategic Management Journal, Wiley Blackwell, vol. 25(11), pages 1097-1119, November.
    6. Hicheon Kim & Robert E. Hoskisson & William P. Wan, 2004. "Power dependence, diversification strategy, and performance in keiretsu member firms," Strategic Management Journal, Wiley Blackwell, vol. 25(7), pages 613-636, July.
    7. Mark A. Fox & Robert T. Hamilton, 1994. "Ownership And Diversification: Agency Theory Or Stewardship Theory," Journal of Management Studies, Wiley Blackwell, vol. 31(1), pages 69-81, January.
    8. Denis, David J & Denis, Diane K & Sarin, Atulya, 1997. "Agency Problems, Equity Ownership, and Corporate Diversification," Journal of Finance, American Finance Association, vol. 52(1), pages 135-160, March.
    9. Heckman, James, 2013. "Sample selection bias as a specification error," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 31(3), pages 129-137.
    10. Singh, Manohar & Nejadmalayeri, Ali & Mathur, Ike, 2007. "Performance impact of business group affiliation: An analysis of the diversification-performance link in a developing economy," Journal of Business Research, Elsevier, vol. 60(4), pages 339-347, April.
    11. Krishna Palepu, 1985. "Diversification strategy, profit performance and the entropy measure," Strategic Management Journal, Wiley Blackwell, vol. 6(3), pages 239-255, July.
    12. David J. Denis & Diane K. Denis & Atulya Sarin, 1999. "Agency theory and the influence of equity ownership structure on corporate diversification strategies," Strategic Management Journal, Wiley Blackwell, vol. 20(11), pages 1071-1076, November.
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