This paper examines empirically the relationship between the internal technological profile and the diversification through strategic alliances of the largest 219 industrial firms world-wide. It explores three related issues. First, the paper shows that firms’ internal technological diversification is more pronounced than external technological diversification. Second, it confirms the idea that...

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...

We present four methods of assessing the diversification potential within a stockmarket, two of these are based on principal component analysis. They were applied to theAustralian stock exchange for the years 2000 to 2014 and all show a consistent picture. Thepotential for diversification declined almost monotonically in the three years prior to the 2008financial crisis. On one ...

R.Rajasekhar Assistant professor, Department of Civil Engineering, Mall Reddy Institute of Technology & Sciences, Secunderabad. Abstract This study applies financial performance evaluation of Construction companies in India. Indian economy has been hit by various economic crises from last few years and the economic stagnation still continues. Experiences in various countries show that it is vit...

This article focuses on a new measure of global co-movement defined as influence: the average partial correlation of one asset with respect to others. The influence of nominal returns and real price cycles of various commodities is computed for the period of January 1968–December 2013. The estimation results show that there is strong co-movement among the average influences of nominal returns o...

Using a database of more than 8,000 companies from 35 countries, we find that the value of corporate diversification is related to the level of capital market development, integration, and legal systems. Among high-income countries, where capital markets are well developed and integrated, we find a significant diversification discount. By contrast, for the lower income and segmented countries, ...

Under the background of digital economy, technological diversification and R&D internationalization are important strategic choices for eMNCs, represented by China, to seek advanced resources create competitive advantages. This paper takes China's listed MNCs from 2009 2019 as research object applies a non-equilibrium panel negative binomial fixed effect regression investigate impact mechan...

Geometric Brownian motion (GBM) is a model for systems as varied as financial instruments and populations. The statistical properties of GBM are complicated by nonergodicity, which can lead to ensemble averages exhibiting exponential growth while any individual trajectory collapses according to its time average. A common tactic for bringing time averages closer to ensemble averages is diversifi...

â  using of prediction models is one of the methods of financial performance prediction. financial ratios are employed as predictive variable in prediction models. the main purpose of this study is to compare the incremental information content of accrual and cash ratios for prediction and evaluation of the financial performance of business entities by data mining models. in align with research...

Clade diversification is a central topic in macroevolutionary studies. Recently, it has been shown that diversification rates appear to decelerate over time in many clades. What causes this deceleration remains unclear, but it has been proposed that competition for limited resources between sympatric, ecologically similar species slows diversification. Employing carnivoran mammals as a model sy...