Puzzle of Corporate Diversification Efficiency in BRIC Countries
نویسندگان
چکیده
منابع مشابه
Corporate diversification and efficiency of manufacturing firms listed in Bursa Malaysia
There is little consensus on the corporate diversification-efficiency relationship in the diversification literature. The study aims to contribute to the literature by looking jointly at two dimensions of corporate diversification as product diversification and international diversification and the relationship between them. The results show negative relationship between product diversification...
متن کاملANN-DEA Approach of Corporate Diversification and Efficiency in Bursa Malaysia
There is little consensus on the corporate diversification-efficiency relationship in the diversification literature. According to the corporate diversification, firms have a tendency to get more market share with diversifying in the local segment or in the international market. Theoretically, a contradictory exists between the profitable strategy and the value reducing strategy in the diversif...
متن کاملThe Diversification Puzzle
The levels of diversification in U.S. investors’ equity portfolios present a puzzle. Today’s optimal level of diversification, measured by the rules of mean–variance portfolio theory, exceeds 300 stocks, but the average investor holds only 3 or 4 stocks. The diversification puzzle can be solved, however, in the context of behavioral portfolio theory. In behavioral portfolio theory, investors co...
متن کاملann-dea approach of corporate diversification and efficiency in bursa malaysia
there is little consensus on the corporate diversification-efficiency relationship in the diversification literature. according to the corporate diversification, firms have a tendency to get more market share with diversifying in the local segment or in the international market. theoretically, a contradictory exists between the profitable strategy and the value reducing strategy in the diversif...
متن کاملcorporate diversification and efficiency of manufacturing firms listed in bursa malaysia
there is little consensus on the corporate diversification-efficiency relationship in the diversification literature. the study aims to contribute to the literature by looking jointly at two dimensions of corporate diversification as product diversification and international diversification and the relationship between them. the results show negative relationship between product diversification...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2654226