Ownership Identity and Concentration: A Study of their Joint Impact on Corporate Diversification

Volume: 24, Issue: 1, Pages: 102 - 126
Published: Mar 1, 2013
Abstract
This paper examines the impact of ownership on product and international diversification. While ownership concentration has received considerable attention from agency theorists we argue that a more nuanced analysis is necessary. We consider how the identity of owners moderates the impact of ownership concentration on diversification strategies. We develop a framework that explains how the combination of different motivations, resources and...
Paper Details
Title
Ownership Identity and Concentration: A Study of their Joint Impact on Corporate Diversification
Published Date
Mar 1, 2013
Volume
24
Issue
1
Pages
102 - 126
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