The Impact of Diversification Strategy on the Profitability of British Manufacturing Firms

Among large British manufacturing firms, profitability was found to be positively related both to product diversification and multinational diversification. The principal direction of causation appeared to run from profitability to diversification. In contrast to prior studies, no significant profit...

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Bibliographic Details
Main Authors: GRANT, Robert, JAMMINE, Azar, THOMAS, Howard
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1986
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Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3841
https://doi.org/10.5465/AMBPP.1986.4978372
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Institution: Singapore Management University
Language: English
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Summary:Among large British manufacturing firms, profitability was found to be positively related both to product diversification and multinational diversification. The principal direction of causation appeared to run from profitability to diversification. In contrast to prior studies, no significant profitability differences were found between related and unrelated diversification strategies.