Corporate Focus versus Diversification: The Role of Growth Opportunities and Cashflow
We examine the valuation impact of corporate diversification strategies through an analysis of a set of international joint ventures which contain both focus-decreasing and focus-increasing investments. Consistent with previous findings reported for US firms, we find that focus-increasing joint vent...
Saved in:
| Main Authors: | , , , |
|---|---|
| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2002
|
| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/678 http://dx.doi.org/10.1016/s1042-4431(02)00005-7 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Singapore Management University |
| Language: | English |