The dominance of diversified versus specialized firms across industries

被引：12
|
作者：
Santaló, J [1 ]
Becerra, M [1 ]
机构：
[1] Inst Empresa, Madrid 28006, Spain
来源：
JOURNAL OF BUSINESS RESEARCH | 2006年 / 59卷 / 03期
关键词：
diversified firm; specialized firm; firm diversification;
D O I：
10.1016/j.jbusres.2005.09.006
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Some industries mostly include diversified firms, while specialized firms dominate other industries. This study analyzes what factors affect the dominance of diversified versus specialized firms. In line with transaction cost economics, we show that market concentration and the degree of variability in the diversification pattern of firms in the industry are negatively associated with the overall extent of activities accounted by specialized firms across the 720 industries in our study. We also discuss the implication of these results for the literature on firm diversification. (c) 2005 Elsevier Inc. All rights reserved.
引用
收藏
页码：335 / 340
页数：6
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