CORPORATE DIVERSIFICATION AND ORGANIZATIONAL STRUCTURE: A RESOURCE-BASED VIEW by C. C. MARKIDES* and P. J. WILLIAMSON** 95/78/SM * Associate Professor of Strategic Management, at London Business School, Sussex Place, Regent's Park, London NW1 4SA, England. ** Visiting Professor of International Management, at INSEAD, Boulevard de Constance, 77305 Fontainebleau Cedex, France. A working paper in the INSEAD Working Paper Series is intended as a means whereby a faculty researcher's thoughts and findings may be communicated to interested readers. The paper should be considered preliminary in nature and may require revision. Printed at INSEAD, Fontainebleau, France.