The concept of parenting advantage offers a clear framework and guiding principle for
corporate-level decision-making including corporate portfolio management and corporate
organization. Matthias Krühler fundamentally investigates the ability and explanatory power of
the parenting advantage concept in order to effectively manage business portfolios. His
theoretical conceptual and empirical research addresses identified shortages and expands the
scientific application of the 1994 introduced concept. The author provides a number of valuable
contributions for strategic management theory reveals new avenues for future research on
corporate strategy and highlights normative implications for corporate management practice.
