A Model of Antecedents and Characteristics of Corporate Spin-Offs
E. VAN DE VELDE
A persistent question surrounding corporate spin-offs is: ‘What accounts for the performance of corporate spin-offs? In order to be able to provide an answer to this question, we have reviewed the literature on corporate spin-offs. We found that after two decades of studying corporate spin-offs, the literature remains fragmented with little efforts at accumulation, the empirical work infrequently build upon one another. Therefore, we have designed a model of antecedents and characteristics of corporate spin-offs by identifying the key dimensions that contribute to the performance of a CSO.
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