Multibusiness firms and performance in Italy. What role does relatedness play?
Maurizio La Rocca
Tiziana La Rocca
F. Javier Sánchez Vidal
- Publisher: Elsevier
European Research on Management and Business Economics
Business | HF5001-6182
This paper evaluates the effect of diversification strategy on corporate value for a sample of Italian companies. It accounts for both the level of diversification and relatedness components. Empirical analyses show a U-shaped curvilinear relationship between diversific...