More on corporate diversification, firm size and value creation

被引：0
|
作者：
Boubaker, Adel [1 ]
Mensi, Walid [1 ]
Nguyen, Duc Khuong [2 ]
机构：
[1] Fac Econ Tunis, Tunis, Tunisia
[2] ISC Paris Sch Management, Paris, France
来源：
ECONOMICS BULLETIN | 2008年 / 7卷
关键词：
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper examines the impact of corporate diversification and firm size on the value creation over the 1997-2005 period for twenty-five non-banking firms listed on Tunis Stock Exchange. Our results confirm previous studies in that shares of diversified firms sell at a discount. Moreover, value creation is found to be positively associated with larger firms.
引用
收藏
页数：7
相关论文
共 50 条
  • [41] Firm Size and Job Creation in Korea: Do Small Businesses Create More Jobs?
    Pyo, Hanhyung
    Hong, Sungcheol
    Kim, Ahnjeong
    KOREAN ECONOMIC REVIEW, 2016, 32 (01): : 137 - 166
  • [42] Does global diversification destroy firm value?
    Doukas, John A.
    Kan, Ozgur B.
    JOURNAL OF INTERNATIONAL BUSINESS STUDIES, 2006, 37 (03) : 352 - 371
  • [43] Does global diversification destroy firm value?
    John A Doukas
    Ozgur B Kan
    Journal of International Business Studies, 2006, 37 : 352 - 371
  • [44] ABILITY, MORAL HAZARD, FIRM SIZE, AND DIVERSIFICATION
    ARON, DJ
    RAND JOURNAL OF ECONOMICS, 1988, 19 (01): : 72 - 87
  • [45] Innovation efficiency, global diversification, and firm value
    Gao, Wenlian
    Chou, Julia
    JOURNAL OF CORPORATE FINANCE, 2015, 30 : 278 - 298
  • [46] Innovation-Related Diversification and Firm Value
    Rong, Zhao
    Xiao, Sheng
    EUROPEAN FINANCIAL MANAGEMENT, 2017, 23 (03) : 475 - 518
  • [47] Firm size and job creation in Germany
    Wagner, J
    SMALL BUSINESS ECONOMICS, 1995, 7 (06) : 469 - 474
  • [48] Board Heterogeneity, Diversification Strategy and Firm Value
    Ye, Bei
    PROCEEDINGS OF 2016 2ND INTERNATIONAL CONFERENCE ON HUMANITIES AND SOCIAL SCIENCE RESEARCH (ICHSSR 2016), 2016, 70 : 124 - 134
  • [49] Firm value creation and levels of strategy
    Bowman, Cliff
    Ambrosini, Veronique
    MANAGEMENT DECISION, 2007, 45 (03) : 360 - 371
  • [50] Corporate Social Responsibility and Firm Size
    Udayasankar, Krishna
    JOURNAL OF BUSINESS ETHICS, 2008, 83 (02) : 167 - 175
12345