Global Diversification, Industrial Diversification, and Firm Value
نویسندگان
چکیده
منابع مشابه
Innovation-Related Diversification and Firm Value
We examine how corporate innovations influence firms’ industrial diversification decisions and how innovation-related diversification affects firm value. Our fixed effect, 2SLS and GMM models consistently show that corporate innovations lead to greater extent of diversification. The 2SLS model uses the staggered implementation of U.S. state-level R&D tax credits as an instrumental variable for ...
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*This paper is the result of work being undertaken as part of a collaborative research program entitled ‘The Performance of Australian Enterprises: Innovation, Productivity and Profitability’. The project is generously supported by the Australian Research Council and the following collaborative partners: Australia Tax Office, Commonwealth Office of Small Business, IBIS Business Information Pty ...
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ژورنال
عنوان ژورنال: The Journal of Finance
سال: 2002
ISSN: 0022-1082
DOI: 10.1111/0022-1082.00485