constraints. An important function of the stock market is the diversification of risk that comes with specialized, productive …

-known costs of diversification, their prevalence in emerging economies is a puzzle that has not been completely resolved. While … there is evidence that business groups in emerging economies confer diversification benefits on group affiliated firms by …--vis standalone firms ten years into the transition, but diversification is not the source of these benefits. Instead, we find that …

and coherent diversification is both an inevitable outcome of economic development and perhaps a normative standard for …

This study examines the impact of resource configuration, specifically diversification and resource concentration, on … the performance of business groups in an emerging economy. Diversification indicates the product/market portfolio of a … resource concentration positively influences the performance of business groups, while diversification has a negative impact on …

coherent diversification is both an inevitable outcome of economic development and perhaps a normative standard for the world …

. Furthermore, the organizational perspective seems more appropriate when the diversification strategies of business groups are …