Virtuous or Vicious Cycles? The Role of Divestitures as a Complementary Penrose Effect within Resource-Based Theory
Sign Up to like & getrecommendations! Published in 2018 at "Southern Medical Journal"
DOI: 10.1002/smj.2701
Abstract: Research summary: Studies of how divestitures affect firm performance offer mixed results. This paper unpacks relationships between divestitures and subsequent performance, focusing first on the moderating role of prior performance and then on mechanisms through… read more here.
Keywords: penrose effect; resource; complementary penrose; role ... See more keywords
A snapshot of relativistic motion: visualizing the Terrell-Penrose effect
Sign Up to like & getrecommendations! Published in 2025 at "Communications Physics"
DOI: 10.1038/s42005-025-02003-6
Abstract: In 1959, Roger Penrose and James Terrell independently predicted that the Lorentz contraction of fast moving objects is not visible in a snapshot photograph. Rather, the object would appear rotated. This surprising effect has never… read more here.
Keywords: effect; penrose effect; speed light; motion ... See more keywords
How does top management team composition matter for continual growth? Reinvestigating Penrose’s growth theory through the lens of upper echelons theory
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DOI: 10.1108/md-02-2017-0147
Abstract: Purpose Penrose’s argument regarding the managerial constraint on continual expansion over two consecutive periods is termed the “Penrose effect,” a relatively less investigated premise in Penrose’s growth theory. The purpose of this paper is to… read more here.
Keywords: growth; management; theory; penrose growth ... See more keywords