presenting a framework for investigation strategy risks at investment holding company

nowadays, strategic planning was very important for every company, many companies realize the importance of strategic planning. holding companies have considered this issue. strategic planning in holding multibusinessess company differs from other single companies based on complexities. holding companies are faced with two important strategic decisions: 1) what areas and how investments should be done? 2) how management and control the subsidiary businesses. holding companies in light of strategic decisions, faced with risks that are necessary to consider. this paper uses multigrounded theory that is combination of grounded theory and methasynthesis, to identify those risks. we select 50 articles among 400 articles for methasynthesis and conducted 14 structured interviews for grounded theory. finally concepts and categories are derived which include managerial, structural, financial, operational, and behavioral risks.