Empirical Research on the Diversification of Chinese Business groups

摘要：

Based on Chinese listed companies, this paper chose 356 business groups from Shenzhen and Shanghai stock exchanges. After the empirical research on the relationship between these business groups diversification strategy and performance, we can find few of these samples take single-product strategy and most of them show various degrees of diversification, especially unrelated diversification.And diversification cannot bring better performance to Chinese companies. This status quo causes some disquiet and top management team should be on guard of the trap of diversification. Core competitive capability is the key of continuous development.

关键词： Business groups Diversification Refocusing Performance

作者: SONG Xuqin XIANG Xin

作者单位: Shipping and Management Department,Guangzhou Maritime College,P.R.China,510725 School of Law,GuangDong University of Technology,P.R.China,510090

会议类型: 国际会议

会议名称: 2008 International Conference of Management Science and Engineering(2008管理科学与工程国际学术会议)

会议地点: 河南焦作

会议语种:英文

页码: 238-242

在线出版日期: 2008-11-01（万方平台首次上网日期，不代表论文的发表时间）