Diversification and Corporate Governance
2002-05-23
Research Paper
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This article addresses the impact of governance structure on diversification behavior. Hypotheses are developed regarding the differences in diversification strategy of cooperatives and stock listed companies. The analysis shows that stock listed companies are more diversified than cooperatives, related as well as unrelated.
Keywords
Classifications using
Journal of Economic Literature (JEL) Classification System
- M : Business Administration and Business Economics; Marketing; Accounting
- L2 : Firm Objectives, Organization, and Behavior
- M10 : Business Administration: General
Automatically Extracted Terms
- diversification
- company
- cooperative
- structure
- marketing
- marketing cooperatives
- governance structure
- stock
- management
- governance
- activity
- industry
- management journal
- journal
- strategy
- research
- member
- diversification strategy
- corporation
- difference