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Economics/Finances Diversification, Relatedness, and Performance

Posted on 2010-03-16




Name:Economics/Finances Diversification, Relatedness, and Performance
ASIN/ISBN:3834914045
Language:English
File size:1.1 Mb
Publish Date: 2009
ISBN: 3834914045
Pages: 219 pages
File Type: PDF
File Size: 1,1 MB
Other Info: Gabler
   Economics/Finances Diversification, Relatedness, and Performance

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Frithjof Pils, "Diversification, Relatedness, and Performance"

Diversification strategy determines both the scope of a firm's activities and the logic of portfolio composition. It is a cornerstone of corporate strategy, and, according to prevailing theory, it is of paramount relevance for performance. Frithjof Pils presents an overview of the empirical research on the linkage between diversification strategy and performance. The author uses multiple methods of quantitative meta-analysis and examines the nature of the relationships between diversification strategies and accounting-based, market-based, and growth-based performance. Subsequently, he applies multiple methods of empirical data analysis on a data-set of 350 multi-business firms to express the diversification discount and other measures of performance as a function of different types of business relatedness and core business industry.

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