Corporate Diversification of British and German Non-Financial Firms

The IUP Journal of Managerial Economics, Vol. IX, No. 2, pp. 23-33, May 2011

Posted: 8 Mar 2012

See all articles by Maurizio La Rocca

Maurizio La Rocca

Università degli Studi della Calabria

Raffaele Staglianò

University of Toulouse 1

Date Written: March 8, 2012

Abstract

Empirical studies are yet to answer the basic question regarding why firms diversify and what affects this choice. The present study attempts to answer this question using data from British and German firms. The results show different effects of ownership concentration and financial variables on the decision to diversify. It is also observed that in the UK, diversification reduces firm performance, while in Germany, diversification improves firm performance.

Suggested Citation

La Rocca, Maurizio and Staglianò, Raffaele, Corporate Diversification of British and German Non-Financial Firms (March 8, 2012). The IUP Journal of Managerial Economics, Vol. IX, No. 2, pp. 23-33, May 2011, Available at SSRN: https://ssrn.com/abstract=2018111

Maurizio La Rocca (Contact Author)

Università degli Studi della Calabria ( email )

Ponte Bucci, Cubo 3C
Rende (Cosenza), Cosenza 87036
Italy

HOME PAGE: http://www.mauriziolarocca.it

Raffaele Staglianò

University of Toulouse 1 ( email )

Place Anatole France
Toulouse Cedex, F-31042
France

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