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The relationship between financial performance and stock market based measures of corporate diversification

Authors :
Jahera, John S. Jr.
Lloyd, William P.
Page, Daniel E.
Source :
The Financial Review. Nov, 1987, Vol. 22 Issue 4, p379, 11 p.
Publication Year :
1987

Abstract

The relationship between corporate financial performance and diversification is analyzed by examining a large sampling of corporations with a stock market-based measure of diversification. Use of a large database and control for corporate size reveals no significant statistical connection between financial performance and diversification.

Details

ISSN :
07328516
Volume :
22
Issue :
4
Database :
Gale General OneFile
Journal :
The Financial Review
Publication Type :
Periodical
Accession number :
edsgcl.6153620