Product market competition and the value of diversification
| İsim | Product market competition and the value of diversification |
|---|---|
| Yazar | Şahin, Cansu İskenderoğlu |
| Basım Tarihi: | 2023-12 |
| Basım Yeri | - Elsevier |
| Konu | Diversification, Diversification discount, Product market competition, Tariff reduction |
| Tür | Süreli Yayın |
| Dil | İngilizce |
| Dijital | Evet |
| Yazma | Hayır |
| Kütüphane: | Özyeğin Üniversitesi |
| Demirbaş Numarası | 1544-6123 |
| Kayıt Numarası | ce4ce2de-1179-4539-924b-745f727fcf1b |
| Lokasyon | International Finance |
| Tarih | 2023-12 |
| Örnek Metin | 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 |
