Product market competition and the value of diversification
| عنوان | Product market competition and the value of diversification |
|---|---|
| نویسنده | Şahin, Cansu İskenderoğlu |
| تاریخ انتشار: | 2023-12 |
| محل انتشار | - Elsevier |
| موضوع | Diversification, Diversification discount, Product market competition, Tariff reduction |
| نوع | دوره ای |
| زبان | انگلیسی |
| دیجیتال | بله |
| نسخه خطی | خیر |
| کتابخانه: | دانشگاه اوزیغین |
| شناسه دارایی کتابخانه | 1544-6123 |
| شماره ثبت | ce4ce2de-1179-4539-924b-745f727fcf1b |
| محل کتابخانه | International Finance |
| تاریخ | 2023-12 |
| متن نمونه | I examine how industry concentration affects the value of diversification. I find that con- glomerates that operate mainly in concentrated industries (concentrated conglomerates) have higher diversification values. Using tariff reductions as competitive shocks, I show that concentrated conglomerates experience significant decline in their valuations and respond aggressively to threats in less-competitive industries. |
| DOI | 10.1016/j.frl.2023.104049 |
| Cilt | 58 |
