We show that the value of corporate diversification increased during the 2007–2009 financial crisis. Diversification gave firms both financing and investment advantages. First, conglomerates became significantly more leveraged relative to comparable focused firms. Second, conglomerates’ access to internal capital markets became more valuable not just because external capital markets became more...

in recent years, the studies of location play a key role in success and stability of economic activities. location studies are under consideration in both national and international levels. meanwhile, identification of goals and methods of solving location problems have significant importance. the purpose of this paper is to examine spatial distribution of economic activities in 14 zones of esf...

today export diversification has become one of the most important economic objectives of development strategies in the developing countries. for various reasons, such as preventing instability in export prices of primary products in global markets, reducing fluctuations in exchanges of them compared with industrial goods, producing dynamic benefits resulted from exporting various goods and incr...

Current Version: February 2004 ______________________________________________________________________ Abstract Have the introduction of the euro and the realization of the European Economic and Monetary Union (EMU) changed correlation structures between European countries and industries? The answer to this question has major implications for funds managers across Europe. Although the investment...

This study investigates the impact of internationalization on the results achieved by agricultural cooperatives in the State of Parana, at the same time examining strategies for diversification of markets as well as diversification of products aimed exclusively at international markets. Of the 28 cooperatives to be included in the study, 67.9% returned valid structured questionnaires. The colle...

In this paper we analyze the efficiency of various search results diversification methods. While efficacy of diversification approaches has been deeply investigated in the past, response time and scalability issues have been rarely addressed. A unified framework for studying performance and feasibility of result diversification solutions is thus proposed. First we define a new methodology for d...

This study focuses on assessing the technical efficiency of enterprises across 63 provinces Vietnam from 2015 to 2018 and factors affecting their efficiency, in which we focus two factors: business diversification ICT index. In this research, use DEA method group effective ineffective enterprises, then GMM estimate firm’s performance. The research results show that is quite small (about 10%), m...