International evidence on the value of product and geographic diversity

International evidence on the value of product and geographic diversity / Luc Laeven

Corporate diversification destroys value due to both agency and influence costs. Consistent with this finding, insider ownership is associated with less corporate diversification

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Bibliographic Details
Main Authors:	Laeven, Luc
Corporate Authors:	World Bank
Format:	Online-Resource
Language:	English
Published:	Washington, D.C : World Bank, Financial Sector Strategy and Policy Department, 2001
Series:	Policy research working paper
Subjects:	Multinationales Unternehmen Corporate governance Corporations > Finance Corporations > Ownership Diversification in industry Industrial management International business enterprises Organizational behavior
Online Access:	URL des Erstveröffentlichers

Details
Summary:	Corporate diversification destroys value due to both agency and influence costs. Consistent with this finding, insider ownership is associated with less corporate diversification
Item Description:	"December 2001. - Includes bibliographical references (p. 21-24). - Title from title screen as viewed on Aug. 24, 2002 Erscheinungsjahr in Vorlageform:[2001]
Physical Description:	1 Online-Ressource (34 Seiten)