Firms in the petroleum industry adopting a multidivisional structure arestudied to observe the impact of structural change on financial performance. The outcome did not clearly show divisional structure to be a determining factor in performance. There is some suggestion that this may have a great deal to do with the vertical integration inherent in the petroleum industry.
multidivisional structure, M-form hypothesis, goals, decision-making, information, control
The files in this collection are protected by copyright law. No commercial reproduction or distribution of these files is permitted without the written permission of Southern Methodist University, Cox Business School. These files may be freely used for educational purposes, provided they are not altered in any way, and Southern Methodist University is cited. For more information, contact email@example.com.
Bettis, Richard A. and Chen, Andrew, "Organization Structure and Financial Market Performance: A Preliminary Test" (1985). Historical Working Papers. 125.