Open AccessCorporate Diversification and Financial Performance: A Review of Literature
Author(s) -
Meysam Doaei,
Melati Binti Ahmad Anuar,
Nik Intan Norhan Adb Hamid
Publication year - 2012
Publication title -
asian journal of finance and accounting
Language(s) - English
Resource type - Journals
ISSN - 1946-052X
DOI - 10.5296/ajfa.v4i2.1786
Subject(s) - diversification (marketing strategy) , economics , financial economics , accounting , subject (documents) , positive economics , business , marketing , computer science , library science
The impact of corporate diversification on financial performance has been subject of some studies from the past. In addition, scholars found positive or negative relationship between the two variables. However, there are some theories and motivation which explain the part of relationship that state in this paper. In this paper, we try to show measurement of diversification and summary of related studies.