Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 19 of 19 for “"corporate diversification"”.
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Firm specific capital and corporate diversification
… been an ever growing trend toward more extensive corporate diversification. The thesis here is that a great deal of the observed diversification has been the result of an effort by firms to develop internal markets for resources which do not trade well through external markets. The nature of this …
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Corporate diversification and shareholder value: the effect of stock illiquidity.
Una gran parte de la literatura estándar sobre el efecto de la diversificación concluye que las empresas diversificadas operan con un descuento significativo en comparación con las empresas enfocadas. Aunque se ha realizado mucha investigación para aislar los factores que fomentan las diferencias …
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Dynamic linkages between corporate diversification strategies and operational performance: An empirical investigation
The strategic importance of corporate diversification on firm’s competitive advantage and superior financial performance has been extensively studied in the strategic management literature. However, in the field of operations management, there is a lack of research on whether and how corporate …
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Redefining relatedness in corporate acquisitions and mergers: an alternate view for managing corporate diversification
… for studying the relationship between corporate performance and diversification. Extensive research into the relationship between diversification and economic performance has been conducted using two different perspectives. One perspective, pursued mainly by industrial organization …
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The effect of corporate diversification on firm value : an emphirical assessment of the JSE securities exchange listed companies
This paper examines the value effect corporate diversification on firms listed on the JSE Exchange. The value gain or loss for the diversified firms is measured using Berger and Ofek's (1995) model that estimates the value of diversified companies' segments as though they were independent …
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The Impact of Corporate Diversification on the Financial Performance of U.S. Bank Holding Companies Pre and Post the Financial Services Modernization Act of 1999
… addresses the impact of this across-activity diversification within the U.S. financial services industry on the profitability and the risk-adjusted performance of bank holding companies. Using a variety of diversification measures, the study analyzes the relationship between corporate …
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Essay on the Persistence of Corporate Diversification Discount after Merger and Acquisition Transactions and Essay on the Capital Structure Properties of Real Estate Investment Trusts (REITs)
… shareholders. The second chapter addresses corporate diversification discount. I present and test a hypothesis that diversifiers exchange immediate diversification discount with future value gain attributed to unanticipated financial and strategic advantages of diversification. Two …
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The dynamics of corporate diversification. A System Dynamics study of the effectiveness of diversification as a corporate growth strategy for leading firm in the U. K. Cement Industry.
… Dynamics methodology as a basis for formulating diversification strategy and control policies of the largest diversifying cement company in the 'United Kingdom. The problems of the industry such as stagnant growth, cyclic and seasonal variations in cement demand, and overcapacity are described. …
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Three essays in corporate finance
… the relationship between firm age and the diversification discount. The second and third chapters analyze how firms use the proceeds of their stock offerings. In particular, the second chapter shows that when the valuation of the stock market is high issuing firms are more likely to use the …
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Three essays on the linkage between corporate and business strategies
… presents three essays exploring the impact of corporate diversification on a business-unit's (BU's) performance, a research which reflects the linkage between corporate-level and business-level strategies. One distinguishing feature of this research is that it explicitly recognizes two key …
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Diversification and debt : Australian evidence / Jean Milva Canil.
Focuses on the association between diversification and debt, and concurrent shareholder wealth effects for Australian firms, in order to answer the question of why firms diversify. Whilst not directly answering the question, the thesis shows that diversified firms have relatively more long-term and …
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The Influence of Ceo Decision-Making and Corporate Strategy on Corporate Social Performance
… dissertation, I examine the role of CEOs and corporate diversification on corporate social performance (CSP). In the first essay of the dissertation, I evaluate the financial implications of corporate social performance and assess the validity of a widely used measure of social performance, …
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Corporate Venture Capital: How established firms use external resources to create new competencies
… are increasingly referring to investments in corporate venture capital (CVC) as means to create new competencies and foster the search for competitive advantage through the use of external resources. CVC is generally defined as the practice by non-financial firms of placing equity investments …
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Rational Corporate Risk Management Policy: An Extension of Traditional Risk Management Theory to Incorporate Observed Managerial Behavior
There is qualitative and anecdotal evidence that corporate management deviates from received risk management theory. These deviations include: an overall hesitancy to accept projects with greater levels of total risk, increased return requirements compensating for firm-specific risk, employment of …
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Three Essays On Diversification Strategy, Diversification Performance, And Corporate Misconduct
… essay investigates the relationship between diversification strategy and firm performance in the U.S. property-liability insurance industry. Prior literature has evaluated the effect of total diversification on insurer performance; however, there is an absence of evidence on the effect of …
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Corporate entrepreneurship and new business development : analysis of organizational frameworks, systematic processes and entrepreneurial attributes in established organizations
… collectively create the phenomenon of corporate entrepreneurship. In this thesis, we study the most common and overarching traits, characteristics and attributes of individual entrepreneurs. We analyze the most commonly prevalent traits and analyze how companies can be structured to …
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Three Essays on Sustainable Economic Development: Experimental and Empirical Evidence from Financial Markets, the Gambling Industry, and Entrepreneurship
… investigates how institutional design, corporate strategy, and policy interventions can promote sustainable and inclusive economic outcomes across distinct yet interconnected domains. Combining laboratory experimentation with empirical analysis, the three essays provide causal and …
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Relational strategy, business scope, and firm performance: evidence from supplier-client relationships in knowledge-based services
… I extend the relational view -- and connect corporate strategy with business strategy -- by providing a novel, relational theory of corporate diversification. I show that the advantages suppliers gain in sourcing new business from existing clients lead those suppliers to expand their business …