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On the other hand, literature at the firm level has recognized that there has been corporate diversification.
The comparison indicates that core business concentration is more effective for electric utility firms than corporate diversification under the current US deregulation policy.
Using longitudinal data of Spanish manufacturing companies, we study the dynamic, bidirectional relationship between firm research and development (R&D) intensity and corporate diversification in an organic growth setting.
To examine whether there is a synergy effect of corporate diversification in the industry, we compare electricity-specialized firms with diversified utility firms in terms of their financial performance and corporate value.
Developing a contextual view of the relationship between R&D expenditure volatility and firm growth, we find that this relationship is weaker among firms with higher levels of corporate diversification and negative among smaller firms and those in slow clockspeed industries.
Using a long sample window (1988 2007) and a difference-in-difference design, this paper examines the association between corporate diversification and analysts' efforts—as reflected in analysts' idiosyncratic information precision and analyst consensus across the old SFAS No. 14 and the new SFAS No. 131 segment reporting regime.
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Despite the molasses pace of corporate gender diversification, this doesn't call for the implementation of government mandates or quotas like we've seen in some parts of Europe.
Both corporate and technological diversification have positive effects on firms' propensity to engage in exploration, while technological distance has a negative nonlinear one.
The results indicate that complementarity in terms of corporate and technological diversification strategies, as well as partner characteristics (e.g., size, age, and technological capabilities) drive exploitation alliances.
This paper posits that corporate and technological diversification of firms and their relatedness in terms of products and technologies will impact their propensity to form technological alliances.
This study investigates the relations between corporate governance structures, level of diversification, and excess value of the U.S. banks for 2003 2008.
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