The Combined Effect of International Diversification and Product Diversification Strategies on the Performance of U.S. Based Multinational Corporations: A Comment

Introduction The topic of diversification has become a dominant stream of research in the strategic management literature. Spurred by Rumelt's (1974) seminal work on corporate diversification a debate has raged on as to whether related diversified firms perform better than unrelated diversified ones. On the other hand, scholars in international business have wrestled with questions of domestic versus international diversification and the...