An Empirical Study on Diversification and Corporate Performance of listed Private Controlled Enterprises

摘要：

The relation between diversification and company performance has been a hot spot in recent research of corporate finance,yet the opinions on diversification diverge because of diversity in positive research results.Based on analysis of Chinese and foreign literature review,this paper adopts Chinese private corporations as the research sample and draws conclusions;a negative relation is founded between diversification and performance in our private corporations.Our results aptly fit into the on-going debate on the benefits and detriments of diversification and multiple directorships and have relevant implications for policy maker,regulators,and corporate reformers.

关键词： Diversification Company Performance Public Company

作者: YU Pengyi WANG San HE Huiling

作者单位: GuangDong University of Foreign Studies,GuangZhou,P.R.China

会议类型: 国际会议

会议名称: The Twelfth West Lake International Conference on Small & Medium Business(第十二届西湖国际中小企业研讨会 WLICSMB 2010)

会议地点: 杭州

会议语种:英文

页码: 428-436

在线出版日期: 2010-10-24（万方平台首次上网日期，不代表论文的发表时间）