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Conglomerate Performance Over the Economic Cycle
5 references·6 citing·45 second hop
Conglomerate Performance Over the Economic Cycle (1983)Conglomerate Performance Over the Economi…Corporate Growth and Diversification (2015)Corporate Growth and Diversif…Mergers and Economic Performance (1982)Mergers and Economic Performa…The Strategy and Structure of British Enterprise (1973)The Strategy and Structure of…THE PERFORMANCE OF CONGLOMERATE FIRMS: RECENT RISK AND RETURN EXPERIENCE (1973)THE PERFORMANCE OF CONGLOMERA…Conglomerate Performance Using the Capital Asset Pricing Model (1972)Conglomerate Performance Usin…Product diversification strategy and financial performance: meta-analytic evidence on causality and construct multidimensionality (2009)Product diversification strat…Strategies and Structures of European Enterprise (2007)Strategies and Structures of …International Diversification and Performance: Evidence from Singapore (2005)International Diversification…Human resource management, corporate governance structure and corporate performance in Korea: a comparative analysis of Japan, US and Korea (2004)Human resource management, co…Diversification, Financial Performance, and Stability of Foodservice Firms (1994)Diversification, Financial Pe…Success in diversification: Building on core competences (1993)Success in diversification: B…Portfolio Selection: Efficient Diversification of Investments (1959)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EVIDENCE ON THE ACQUISITION‐RELATED PERFORMANCE OF CONGLOMERATE FIRMS (1974)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The effects of conglomerate mergers (1977)Diversity, Diversification, and Profitability Among British Manufacturing Companies, 1972–1984 (1988)Competitive Strategy: Techniques for Analyzing Industries and Competitors (1980)The Competitive Advantage of Nations (1990)The Competitive Advantage of Nations (1991)Diversification as a Corporate Strategy and Its Effect on Firm Performance: A Study of Zimbabwean Listed Conglomerates in the Food and Beverages Sector (2014)CEO succession and firms’ internationalization processes: Insights from German companies (2017)The effects of international diversification on the link between product diversification and performance in a boom and bust cycle: Evidence from Spanish firms (1994–2014) (2019)The American challenge (1968)Antitrust in Japan (1970)Disappointing Marriage: A Study of the Gains from Merger (1977)Industrial Economics: An Overview (1988)Diversification, Multi-market Contact and Profitability (1993)What Do We Know about Success and Failure of Mergers? (2001)Competitive Advantage: Creating and Sustaining Superior Performance (1985)Joint ventures: Theoretical and empirical perspectives (1988)The Nature of the Firm (1937)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Theory of the Growth of the Firm (1995)Four decades of research on product diversification: a literature review (2012)Competition, diversification and performance (2020)Half a century of research on corporate diversification: A new comprehensive framework (2020)Markets and Hierarchies (1975)The Economic Institutions of Capitalism (1986)The Economic Institutions of Capitalism (1987)THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964 (1968)Firm Diversity: Conceptualization and Measurement (1982)The Combined Effect of International Diversification and Product Diversification Strategies on the Performance of U.S. Based Multinational Corporations: A Comment (1995)How to Rate Management of Investment Funds (2012)Strategy, structure, and economic performance (1975)Towards an economic theory of the multiproduct firm (1982)Competitive advantage, creating and sustaining superior performance (1985)GPTCCC: An instrument for measuring group package tour service (2006)Effect of diversification on firm performance: Application of the entropy measure (2011)A review of service quality and service delivery (2017)Technological Accumulation, Diversification and Organisation in UK Companies, 1945–1983 (1989)The Dynamics of Evolving Markets: The Effects of Business Sales and Age on Dissolutions and Divestitures (1994)Competition in Multiple Geographic Markets: The Impact on Growth and Market Entry (2000)Industrial organization, corporate strategy and structure (1980)STRATEGIC PROCESS AND CONTENT AS MEDIATORS BETWEEN ORGANIZATIONAL CONTEXT AND STRUCTURE. (1988)Is the International Business Research Agenda Running out of Steam? (2004)
this work references cited by second hop

References

  • 1973The Strategy and Structure of British Enterprise482 cited
  • 2015Corporate Growth and Diversification356 cited
  • 1973THE PERFORMANCE OF CONGLOMERATE FIRMS: RECENT RISK AND RETURN EXPERIENCE95 cited
  • 1982Mergers and Economic Performance87 cited
  • 1972Conglomerate Performance Using the Capital Asset Pricing Model60 cited

Cited by

  • 2005International Diversification and Performance: Evidence from Singapore61 cited
  • 2009Product diversification strategy and financial performance: meta-analytic evidence on causality and construct multidimensionality57 cited
  • 1994Diversification, Financial Performance, and Stability of Foodservice Firms51 cited
  • 1993Success in diversification: Building on core competences32 cited
  • 2004Human resource management, corporate governance structure and corporate performance in Korea: a comparative analysis of Japan, US and Korea24 cited
  • 2007Strategies and Structures of European Enterprise10 cited

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