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International evidence on the value of product and geographic diversity

Author: Luc Laeven; World Bank Financial Sector Strategy and Policy Group.
Publisher: Washington, D.C : World Bank, Financial Sector Strategy and Policy Department, 2001.
Series: Policy research working paper, 2729; World Bank E-Library Archive
Edition/Format:   Computer file : EnglishView all editions and formats
Database:WorldCat
Summary:
Corporate diversification destroys value due to both agency and influence costs. Consistent with this finding, insider ownership is associated with less corporate diversification.
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Material Type: Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Luc Laeven; World Bank Financial Sector Strategy and Policy Group.
OCLC Number: 874229473
Notes: Erscheinungsjahr in Vorlageform:[2001].
Description: 1 online resource.
Series Title: Policy research working paper, 2729; World Bank E-Library Archive
Responsibility: Luc Laeven.

Abstract:

Corporate diversification destroys value due to both agency and influence costs. Consistent with this finding, insider ownership is associated with less corporate diversification.

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