Both Sides of Corporate Diversification: The Value Impacts of Geographic and Industrial Diversification
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This paper examines the effect of geographic and industrial diversification on firm value for a sample of over 20,000 firm-year observations of U.S. corporations from 1987-1993. Our" multivariate tests indicate the average value of a firm with international operations is 2.2% higher than comparable
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美国国家经济研究局创建时间：
1997-10-01
