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Global diversification strategy and corporate profit performance
14 references·16 citing·26 second hop
Global diversification strategy and corporate profit performance (1989)Global diversification strategy and corpo…Multinational Enterprise and Economic Analysis (2007)Multinational Enterprise and …Risk/Return Performance of Diversified Firms (1985)Risk/Return Performance of Di…Diversification strategy, profit performance and the entropy measure (1985)Diversification strategy, pro…Diversification Strategy, Accounting Determined Risk, and Accounting Determined Return (1982)Diversification Strategy, Acc…Diversification strategy and profitability (1982)Diversification strategy and …Entropy Measure of Diversification and Corporate Growth (1979)Entropy Measure of Diversific…Strategy, structure, and economic performance (1975)Strategy, structure, and econ…Strategy, structure, and economic performance (1974)Strategy, structure, and econ…American Business Abroad: Six Lectures on Direct Investment (1969)American Business Abroad: Six…International Investment and International Trade in the Product Cycle (1966)International Investment and …Portfolio Selection: Efficient Diversification of Investments. (1962)Portfolio Selection: Efficien…Portfolio Selection: Efficient Diversification of Investments (1959)Portfolio Selection: Efficien…Liquidity Preference as Behavior Towards Risk (1958)Liquidity Preference as Behav…Relation of Profit Rate to Industry Concentration: American Manufacturing, 1936-1940 (1951)Relation of Profit Rate to In…Home Country Institutions and the Internationalization-Performance Relationship (2016)Home Country Institutions and…The performance implications of intra‐ and inter‐regional geographic diversification (2010)The performance implications …The impact of institutional distance on the international diversity–performance relationship (2009)The impact of institutional d…The relationship between product and international diversification: the effects of short‐run constraints and endogeneity (2008)The relationship between prod…Regional diversification and firm performance (2008)Regional diversification and …The effect of context-related moderators on the internationalization-performance relationship: Evidence from meta-analysis (2007)The effect of context-related…Nature of the relationship between international expansion and performance: The case of emerging market firms (2007)Nature of the relationship be…Corporate diversification: the impact of foreign competition, industry globalization, and product diversification (2007)Corporate diversification: th…What is the Shape of the Multinationality‐Performance Relationship? (2004)What is the Shape of the Mult…Power dependence, diversification strategy, and performance in keiretsu member firms (2004)Power dependence, diversifica…Multinationality, product diversification, and profitability of emerging US small- and medium-sized enterprises (2002)Multinationality, product div…Mode of International Entry: An Isomorphism Perspective (2000)Mode of International Entry: …Risk measures in strategic management research: auld lang syne? (1999)Risk measures in strategic ma…“Austrian” and Industrial Organization Perspectives on Firm-level Competitive Activity and Performance (1996)“Austrian” and Industrial Org…Structural and competitive determinants of a global integration strategy (1995)Structural and competitive de…Recent Developments in International Management Research (1990)Recent Developments in Intern…Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Determinants of firm performance: The relative importance of economic and organizational factors (1989)Changes in the intellectual structure of strategic management research: a bibliometric study of the Strategic Management Journal , 1980–2000 (2004)Open Innovation and Strategy (2007)The Contributions of Industrial Organization To Strategic Management, (1981)Strategic management and economics (1991)It's All about Me: Narcissistic Chief Executive Officers and Their Effects on Company Strategy and Performance (2007)Sectoral patterns of technical change: Towards a taxonomy and a theory (1984)A Historical Comparison of Resource-Based Theory and Five Schools of Thought Within Industrial Organization Economics: Do We Have a New Theory of the Firm? (1991)INTERNATIONAL DIVERSIFICATION: EFFECTS ON INNOVATION AND FIRM PERFORMANCE IN PRODUCT-DIVERSIFIED FIRMS. (1997)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Multifactor Explanations of Asset Pricing Anomalies (1996)POWER IN TOP MANAGEMENT TEAMS: DIMENSIONS, MEASUREMENT, AND VALIDATION. (1992)Does board gender diversity improve the informativeness of stock prices? (2011)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)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)Regional Innovation Systems, Clusters, and the Knowledge Economy (2001)Firms in International Trade (2007)Related Variety, Unrelated Variety and Regional Economic Growth (2007)Do Markets Differ Much (1984)Chapter 17 Empirical studies of industries with market power (1989)Do women in top management affect firm performance?A panel study of 2,500 Danish firms (2006)The resource‐based view within the conversation of strategic management (1992)INTERNATIONAL EXPANSION BY NEW VENTURE FIRMS: INTERNATIONAL DIVERSITY, MODE OF MARKET ENTRY, TECHNOLOGICAL LEARNING, AND PERFORMANCE. (2000)World Investment Report (2017)
this work references cited by second hop

References

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  • 1958Liquidity Preference as Behavior Towards Risk3,916 cited
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  • 1979Entropy Measure of Diversification and Corporate Growth1,164 cited
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  • 1982Diversification Strategy, Accounting Determined Risk, and Accounting Determined Return377 cited
  • 1985Risk/Return Performance of Diversified Firms332 cited

Cited by

  • 1995Structural and competitive determinants of a global integration strategy

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427 cited
  • 1996“Austrian” and Industrial Organization Perspectives on Firm-level Competitive Activity and Performance420 cited
  • 2007Nature of the relationship between international expansion and performance: The case of emerging market firms403 cited
  • 2000Mode of International Entry: An Isomorphism Perspective393 cited
  • 2004What is the Shape of the Multinationality‐Performance Relationship?337 cited
  • 2007Corporate diversification: the impact of foreign competition, industry globalization, and product diversification316 cited
  • 2008Regional diversification and firm performance302 cited
  • 2004Power dependence, diversification strategy, and performance in keiretsu member firms282 cited
  • 2010The performance implications of intra‐ and inter‐regional geographic diversification271 cited
  • 2009The impact of institutional distance on the international diversity–performance relationship271 cited
  • 2002Multinationality, product diversification, and profitability of emerging US small- and medium-sized enterprises248 cited
  • 2016Home Country Institutions and the Internationalization-Performance Relationship247 cited
  • 1999Risk measures in strategic management research: auld lang syne?242 cited
  • 2008The relationship between product and international diversification: the effects of short‐run constraints and endogeneity239 cited
  • 2007The effect of context-related moderators on the internationalization-performance relationship: Evidence from meta-analysis227 cited
  • 1990Recent Developments in International Management Research223 cited