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Transaction Costs in Resource Redeployment for Multiniche Firms

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Transaction costs strongly influence diversification dynamics, as predicted by resource theory. A mainstream view links the profitability of diversification with the existence of transaction costs ... Click to show full abstract

Transaction costs strongly influence diversification dynamics, as predicted by resource theory. A mainstream view links the profitability of diversification with the existence of transaction costs ...

Keywords: transaction; redeployment multiniche; multiniche firms; transaction costs; costs resource; resource redeployment

Journal Title: Organization Science
Year Published: 2020

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