International evidence on the value of product and geographic diversity
International evidence on the value of product and geographic diversity
About this book
Corporate diversification destroys value due to both agency and influence costs. Consistent with this finding, insider ownership is associated with less corporate diversification.
Details
- OL Work ID
- OL5699057W
Subjects
Corporate governanceCorporationsDiversity in industryFinanceIndustrial managementInternational business enterprisesOrganizational behaviorOwnershipDiversification in industry