Research on withdrawal strategy and management for corporate restructuring

随着泡沫经济的破灭，以公司规模增长为目标的公司战略失败了。精简、外包和撤资是公司将管理资源集中到核心业务的战略。虽然有关多元化战略的研究很多，但对业务退出战略的研究却很少，尤其是在日本企业。管理层要从扩大销售规模的思路转变为将经营资源集中到有竞争力的业务领域并不容易。为了了解日本企业重组的现状，寻找企业重组活动中的战略退出方法，本研究从企业重组的角度，探讨了企业重组活动中的战略退出方法。对有业务退出经历的公司进行了国内外业务退出情况的问卷调查。调查问卷由三个方面的企业重组活动组成，（1）国内企业重组活动（2）退出国外企业（3）对企业重组方法的看法。对155家上市公司的数据进行了统计分析

The corporate strategy to aim the growth of the size of the company failed with the burst of bubble economy. Downsizing, outsourcing, and divestment are the corporate strategies to centralize management resources to their core business. Though many researches about diversification strategies are executed, the research on business withdrawal strategy is few, especially in Japanese companies. It is not easy for the management to change the way of thinking from the expansion of the sales scale to concentrate the business resources to competitive business domain. Transformation of the top management value system, business objective, and organizational structure become necessary.This research has aimed to understand the current condition of the Japanese business reorganization, and to find the method of strategic withdrawal for business restructuring activities. Questionnaire survey concerning the withdrawal from domestic and foreign business was executed for the companies with the experience of business withdrawal. The questionnaire is composed of three aspects of the business reorganization activities, (1) domestic business reorganization activities (2) withdrawal from foreign business (3) way of thinking towards the methods of the business reorganization. Statistical analysis was executed by using the data from 155 companies