DIVERSIFICATION AND FIRM PERFORMANCE: AN EMPIRICAL EVALUATION Anil M. Pandya and Narendar V. Rao Abstract Diversification is a strategic option that many managers use to improve their firms’ performance. This interdisciplinary research attempts to verify whether firm level diversification has any impact on performance. The study finds that on average‚ diversified firms show better performance compared to undiversified firms on both risk and return dimensions. It also tests the robustness of these
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number of arguments in favor of the diversification of energy sources in Australia. Development based on fossil fuels make the climate changing a more serious problem. According to Harding(2008) industrialized countries have responsibility to recognize renewable energy solutions as a priority and reduce the dependency on fossil-fuel energy‚ for the reason that the development relianted on fossil fuels has caused climate change issues. Moreover‚ the diversification of energy sources is environmentally
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Emerging Giants The last two decades have seen a wave of countries opening up to the world economy. Liberization have removed the protectinonist barriers in the developing countries‚ and as a consequence‚ multinationals from North America‚ Western Europe‚ Japan‚ and South Korea stormed into the emerging markets. They build two fundamental advantages over that markets‚ first they are well established and second‚ they can leverage their access to vast resources in their home markets. Faced by the
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fiction films began portraying technology and foreign invaders as potential threats on our national security‚ as a result of the growing international tensions and rapid technological growth between nations. The 1999 science fiction film The Iron Giant by Brad Bird is a film that want to revamp the Cold War view of technology by comparing the 1950s view with the modern age audience. The story takes place in the 1950s and is about an extraterrestrial robot that becomes a concern for many people‚
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Abstract: The case‚ "ITC’s Diversification Strategy" gives an overview of ITC’s diversification into related and unrelated areas in recent years. The case presents an overview of the cigarette industry in India and gives a detailed account of the areas in which ITC has diversified. The competition that ITC is going to face in each of the segments it has diversified into is also explored. Issues: Criteria of selection of new businesses and the degree of diversification involved as well as to
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DE2-106-I DIVERSIFICATION STRATEGY Original written by professors David Allen and Arnaud Gorgeon at IE Business School. Original version‚ 21 May 2002. Last revised‚ 20 December 2007. (R.L.) Published by IE Publishing Department. María de Molina 13‚ 28006 – Madrid‚ Spain. ©2002 IE. Total or partial publication of this document without the express‚ written consent of IE is prohibited. INTRODUCTION We are all familiar with the concept of diversification in finance. In this context‚ diversification is related
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University of Zululand Faculty of Commerce‚ Administration and Law Department of Business Management Assignment topic: Chapter 7 Summary – Corporate strategy and diversification Name: Mr T Mdletshe Student number: 200903233 Module code: CBM 503 Module Description: Advanced Aspects of Management 1. CORPORATE STRATEGY AND DIVERSIFICATION This chapter is about choices of products and markets for an organisation to enter or exit. Organisations often choose to enter many new products and market areas
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Diversification plans for Just Sleeping Inn Related Diversification In an effort to create a competitive advantage over other hotel chains‚ and give our customers greater service‚ Just sleeping Inn will expand our hotel chain to include a car rental service at all of our locations. Through several years of surveying customers and other demographics we have found that offering rental car service at the hotel instead of at the airport would greatly increase the satisfaction of our customers
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Today unions have a bigger number of members because and are able to stay afloat due to venturing into other industrial sectors. Due to such diversification‚ unions are not able to adequately focus on a particular category of workers. This means that policy and wage setting for different categories of workers are hampered (Mello‚ 2015). Policies that employers should abide by and wages that should
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GM describes their brand politics as having "two brands" which "will drive our global growth. They are Chevrolet‚ which embodies the qualities of value‚ reliability‚ performance and expressive design; and Cadillac‚ which creates luxury vehicles that are provocative and powerful. At the same time‚ the Holden‚ Buick‚ GMC‚ Baojun‚ Opel and Vauxhall brands are being carefully cultivated to satisfy as many customers as possible in select regions. As it emerged from bankruptcy and company reorganization
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