The Impact of Diversification Strategy on the Profitability of British Manufacturing Firms
Among large British manufacturing firms, profitability was found to be positively related both to product diversification and multinational diversification. The principal direction of causation appeared to run from profitability to diversification. In contrast to prior studies, no significant profitability differences were found between related and unrelated diversification strategies.
Corporate Finance | Strategic Management Policy
Strategy and Organisation
Academy of Management Proceedings
Academy of Management
GRANT, Robert; JAMMINE, Azar; and THOMAS, Howard.
The Impact of Diversification Strategy on the Profitability of British Manufacturing Firms. (1986). Academy of Management Proceedings. 1986, 26-30. Research Collection Lee Kong Chian School Of Business.
Available at: http://ink.library.smu.edu.sg/lkcsb_research/3841