Diversification and Corporate Governance
14 Pages Posted: 18 Feb 2003
Date Written: 23 2002 5,
Abstract
This article addresses the impact of governance structure on diversification behavior. Hypotheses are developed regarding the differences in diversification strategy of cooperatives and stock listed companies. The analysis shows that stock listed companies are more diversified than cooperatives, related as well as unrelated.
Keywords: governance structure, cooperatives, stock listed companies, diversification
JEL Classification: M, M10, L2
Suggested Citation: Suggested Citation
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