We theorize that firms simultaneously seek to balance their growth across both the geographic and product diversification domains. To achieve this balance, businesses commonly adopt a strategy of expanding an under-diversified direction at the expense of an over-diversified one. Accordingly, we...

This study shows that the interplay between "adjustment costs", "coordination costs" and within-industry diversification benefits, results in an S-shaped relationship between within-industry diversification and firm performance. At low levels of within industry diversification, coordination...

This chapter examines the interrelationships between internationalization and product diversification among the world's l35 largest food and beverage enterprises. Based on the argument that food and beverage enterprises enjoy economies of scope when moderately diversifying into new countries and...