This paper based on China Listed enterprises, studied the effect of diversification strategies on firm performance. The data are all from CCERDATA and CSMAR.
This paper collected financial data of 88 Chinese Listed enterprises from 2008 to 2013, wer...
This paper based on China Listed enterprises, studied the effect of diversification strategies on firm performance. The data are all from CCERDATA and CSMAR.
This paper collected financial data of 88 Chinese Listed enterprises from 2008 to 2013, were studied and analyzed using the Fixed-effects Model. According to the empirical analysis our conclusion is that: diversification strategy has a positive influence on enterprise value. However due to the particularity of China Listed enterprises the research results are different from the advanced research of developed countries. The diversification of products for 1-year lagged ROS had no significant influence. International diversification has a negative impact on the enterprise 1-year lagged ROS.