The Impact of Diversification Strategy on the Profitability of British Manufacturing Firms

Author

Robert GRANT
Azar JAMMINE
Howard THOMAS, Singapore Management UniversityFollow

Publication Type

Journal Article

Publication Date

1986

Abstract

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.

Discipline

Corporate Finance | Strategic Management Policy

Research Areas

Strategy and Organisation

Publication

Academy of Management Proceedings

Volume

1986

First Page

26

Last Page

30

ISSN

0065-0668

Identifier

10.5465/AMBPP.1986.4978372

Publisher

Academy of Management

Citation

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.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/3841