Divestiture and Firm Performance: A Meta-Analysis

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To Merge, Sell, or Liquidate? Socioemotional Wealth, Family Control, and the Choice of Business Exit (2019, unknown): “Thus, although most studies have shown that owners are more prone to exit a business when it is subject to increased financial constraints (Lee & Madhavan, 2010), we predict that, paradoxically, family owners become more resolute in resisting exit and prolonging the life of their ailing firm.”
Diversity in Alliance Portfolios and Performance Outcomes: A Meta-Analysis (2017, background): “Overall, meta-analysis is an essential part of evidence-based management (Rousseau, 2006), providing a practical summary of a performance relationship directly related to strategic decision making (D. Lee & Madhavan, 2010).”
Publication Bias in Strategic Management Research (2017, methodology): “We will work through an example of the three techniques for detecting publication bias based on Lee and Madhavan (2010), which is the largest included systematic review (k = 637).”
Corporate divestitures and family control (2016, background): “Divestitures are generally thought to be positively associated with firm performance (Brauer and Wiersema, 2012; Lee and Madhavan, 2010).”