On the differing pattern of corporate diversification across economies

被引:0
|
作者
Sinha D.K. [1 ]
机构
[1] Indian Institute of Management Bangalore,
关键词
Economic Growth; International Economic; Large Firm; Minor Position; Corporate Diversification;
D O I
10.1007/BF02295385
中图分类号
学科分类号
摘要
Conglomerates, that is, firms which have diversified into industries having little in common in terms of markets, technologies, or skills, occupy only a relatively minor position among large firms in the U.S., but they dominate many other economies, particularly the developing ones in Asia. This paper describes a model which helps explain this difference in the observed pattern of corporate diversification across economies. (JEL L19).
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页码:749 / 762
页数:13
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