Incentives for Diversification and the Structure of the Conglomerate Firm
收藏NBER1984-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1280
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In this paper, we examine the proposition that both the structures of conglomerate firms and their merger activities evidence a systematic attempt to diversify income sources and reduce the volatility of firms' profits. We test whether firms that are active in one line of business are more likely to
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美国国家经济研究局创建时间：
1984-02-01
