The Cost of Diversity: The Diversification Discount and Inefficient Investment

Keywords

Diversification (marketing strategy), Investment (military), Diversity (politics), Business, Capital call

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Cited by

• Merger Motives and Target Valuation: A Survey of Evidence from CFOsTarun K. Mukherjee, H. Kent Baker, Halil Kiymaz — 2005
• Corporate Performance and Cost of Capital Differentials of Firms with Different Organizational FormsIbrahim Siraj — 2014
• The diversification discountOwen Lamont, Christopher Polk — 2001
• Foreign Risk - Domestic Problem: Trade, Capital Allocation, and PerformanceUnder Political UncertaintyBurcin Col, Art Durnev, Alexander Molchanov — 2012
• Conglomerate Industry SpanningGerard Hoberg, Gordon Phillips — 2011
• When is Equity More than Just Financing? Evidence from Strategic AlliancesSudha Krishnaswami, Eduardo Pablo, Venkat Subramaniam — 2012
• L'apprentissage organisationnel dans les acquisitionsGabriel Guallino — 2010
• L'OFFRE DE FORMATION DES UNIVERSITÉS : UNE ANALYSE PAR LA THÉORIE DE L'ARCHITECTURE ORGANISATIONNELLEGuillaume Biot‐Paquerot — 2006
• Corporate Governance, Diversification, and Firm Value: Evidence from 'Spin-Ins'Yoon K. Choi, Seung Hun Han — 2011
• ¿Por qué deciden diversificar las empresas españolas? Razones oportunistas versus razones económicasAlmudena Martínez Campillo — 2007
• Adoptions and Eliminations of Economic Profit Plans and Internal Capital Markets EfficiencyDobrina Georgieva, Tomas Jandik, Anil K. Makhija — 2013
• Diversification, Vertical Contracting and Diseconomies of Scope: Evidence from the Taxicab IndustryEvan Rawley, Timothy Simcoe — 2010
• STRATEGIC INVESTMENT CHOICES AND IPO FIRM SURVIVALBharat A. Jain, Omesh Kini, Jane C. Mack — 2004
• Chasing Their Tails: Why Do Firms Subsidize Underperforming Business Units?Carl Vieregger — 2014
• The influence of multinationality on determinants of change in debt level: Empirical evidence from IndonesiaCynthia Afriani Utama, Santi Rahmawati — 2010
• Searching for Faint Traces of Managerial Opportunism in French Diversifying AcquisitionsFrédéric Perdreau — 2001
• Asian Crisis and Corporate GovernanceMasaharu Hanazaki, Qun Liu — 2003
• Revisiting the Diversification Value Impact for UK Firms: A Resolution of the Puzzle?Edel Barnes, Gael Hardie‐Brown — 2003
• Segment Profitability and the Proprietary Costs of DisclosurePhilip G. Berger, Rebecca N. Hann — 2005
• Do Multinational Banks Use Internal Capital Markets and How?: Evidence from Bank-Level Panel Data in Emerging EconomiesBang Nam Jeon, Ji Wu — 2013

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