This website uses cookies to ensure you have the best experience. Learn more

An Investigation Into The Relationship Between Corporate Diversification And The Performance Of Firms

5896 words - 24 pages

CHAPTER 1.0INTRODUCTION1.1 Background of the StudyDiversification has been an essential basis for the growth and survival of firms in the last half of the twentieth century, due to the vulnerability of the single-business firms to the fast and unexpected changes in the environment (Ansoff, 1965; Penrose, 1995). As such, corporate diversification has been one of the most one of the most widely researched (Johnson and Scholes, 2002, p304). Moreover, within the diversification research, most attention goes to the investigation of the relationship between corporate diversification and the performance of firms."It should therefore come as no surprise that the relationship between diversification and performance has been one of the most extensively researched areas in the discipline of industrial organization, strategic management and finance" (Datta e.a., 1991, p529).Rumelt's 1974 study has been the start of a huge stream of literature exploiting the relationship between corporate diversification and performance of firms. Nevertheless, various attempts to demonstrate the effects of diversification on performance are inconclusive (Johnson and Scholes, 2002, p305). This lack of a clear answer in the diversification research motivates the present study.The purpose of this study is to illustrate a map regarding the mainstream research on diversification-performance relation ever since Rumelt's seminal study, to identify how far Rumelt's study match into subsequent empirical studies, to identify the major drawbacks of previous studies, and further to provide tentative suggestions for future research.1.2 Research MethodsThis study is conducted as an extended literature review. The aim is to output a new synthesis of different insights into previous research on the relationship between corporate diversification and performance of firms. Thus an extended literature review is basically sufficient. The challenge is to choose good publications and articles dealt with the topic of this dissertation (Jankowicz, 2002).1.3 Dissertation StructureThe dissertation consists, besides the introduction, of four additional chapters. The research methodology, outlined in chapter two, explains the methods that were utilised to answer the research questions. In chapter three we look at Rumelt's seminal study concerning diversification-performance relation. In chapter four we focus on subsequent empirical research and various findings. In chapter five reasons for divergent findings are presented. In chapter six a conclusion of the main findings is provided. Moreover, possible recommendations for future research are given.CHAPTER 2.0RESEARCH METHODOLOGY2.1 IntroductionAs the inconclusiveness of diversification-performance relation motivates this study, we were interested in the variety of theoretical and empirical research on this subject. More specifically, we departed from the Rumelt (1974)'s seminal study to map divergent findings of studies in this field by reviewing...

Find Another Essay On An Investigation into the Relationship between Corporate Diversification and the Performance of Firms

An analysis on the relationship between parents’ financial condition and children’s academic performance

2012 words - 9 pages Title An analysis on the relationship between parents’ financial condition and children’s academic performance Objectives and significance of the paper 1. To illustrate that parental involvement contains many aspects not only in material support but also in mental development. 2. To demonstrate the significance about the educational equality. Description of the phenomenon It can not ignore the fact that children’s educational chances are

Analyzing the Relationship Between Adolescents' Sleep and Their Academic Performance

851 words - 3 pages concerning the relationships between sleep and academic performance: While in both essays Sleep Duration and Cognitive Performance in Adolescence and Understanding Adolescents’ Sleep Pattern and School Performance: a Critical Appraisal, researchers have ended up with statements that confirm the positive relationship between sleep and academic performance, though the latter with part disagreement, in another essay Association of Sleep and Academic

What is the Relationship Between Media Use and Academic Performance?

1038 words - 5 pages Ego Ofoegbu @02641966 What is the Relationship between Media Use and Academic Performance? Technological advances have allowed for so many conveniences to be available for humans all over the world. Of the many advances that have been made, social networks have come to be a highly used method of technology that allows for many avenues of networking. The empirical research experiments within this study observe a variety of scholars ranging in

The relationship between study skills and academic performance

2108 words - 9 pages favour taking notes, some might choose to listen, but in fact, most students choose to use multiple skills in order to succeed. This study will focus on college student’ study skills and their relationship with their academic performance, as well as some factors that impede using study habits. Literature Review In the area of academic performance among college students, some researchers have studied the students’ time distribution to specific

The relationship between corporate governance and earnings quality of Hong Kong listed company

1779 words - 7 pages Topic: The relationship between corporate governance and earnings quality of Hong Kong listed companyBackgroundCorporate governance means the relationship between the company's management, board of directors, shareholders and other persons associated with the business interests. Meanwhile, corporate governance also provides a system to allow bodies to set goals, develop strategies to achieve goals, and monitoring bodies' performance. That is

Investigation into some of the statistical differences between The Times and The Telegraph on a specific day

5305 words - 21 pages between two sets of data is to use Spearmans Rank Correlation Coefficient. Each distribution must first be put into an order of merit. Each item being considered has two ranks allocated to it and the difference between these two ranks can be found. If the symbol d is used to represent this difference then the coefficient of rank correlation can be written as:where n is the number of items in the distribution.If two or more measures in one

An investigation into the use of cooperative Learning Strategies to foster positive social behaviour and satisfactory academic performance in Physical Education among a group of grade nine students.-...

756 words - 3 pages performance in Physical Education. Significance of the Study Through the use of the cooperative Learning Strategies, not only a few students are involved and being encouraged, everyone is included and encouraged. When students are given a chance to work with their peers an opportunity is provided for positive independence, good social skills, development of good interpersonal relationships, free talk, good teamwork and the practice of

An investigation into the use of cooperative Learning Strategies to foster positive social behaviour and satisfactory academic performance in Physical Education among a group of grade nine students.-...

618 words - 2 pages gradually developed into a culture that emphasizes individualism- a " me, myself and I' phenomena. Many people tend to be selfish and do not have a sense of solidarity or unity or cohesiveness. Some people refuse to cooperate with others and the continuous upsurge of political tribalism has added significantly to this problem. Lack of cooperation is evident in both major political parties, each sticking to its own agenda- caring not who gets hurt in

An investigation into the use of cooperative Learning Strategies to foster positive social behaviour and satisfactory academic performance in Physical Education among a group of grade nine students.- ...

1215 words - 5 pages effective tool in the teaching learning process of Physical Education. Cooperative Learning is among the educational theories and accompanying strategies that have captured that attention of modern educators. It is an integral part of numerous school improvement programme. This strategy can be used effectively by teachers in a variety of classroom contexts in many different types of schools. Cooperative Learning allows for mastery learning and

An investigation into the use of cooperative Learning Strategies to foster positive social behaviour and satisfactory academic performance in Physical Education among a group of grade nine students.-...

1215 words - 5 pages effective tool in the teaching learning process of Physical Education. Cooperative Learning is among the educational theories and accompanying strategies that have captured that attention of modern educators. It is an integral part of numerous school improvement programme. This strategy can be used effectively by teachers in a variety of classroom contexts in many different types of schools. Cooperative Learning allows for mastery learning and

Review On The Relationship Between Organizational Resources, Competitive Advantage And Performance

5525 words - 23 pages , 23, 105-117. http://dx.doi.org/10.1002/smj.213 Silverman, B. S. (1999). Technological resources and the direction of corporate diversification: Toward an integration of the resource-based view and transaction cost economics. Management Science, 45, 1109-1124. Srivastava, R. K., Fahey, L., & Christensen, H. K. (2001). The resource-based view and marketing: The role of market-based assets in gaining competitive advantage. Journal of Management

Similar Essays

An Investigation Into Determining The Relationship Between P H And The Oxidation Of Ascorbic Acid

3273 words - 14 pages An Investigation into Determining the Relationship between pH and the Oxidation of Ascorbic Acid (C6H8O6) Ajay Mittal Vanguard High School An Investigation into Determining the Relationship between pH and the Oxidation of Ascorbic Acid (C6H8O6) TABLE OF CONTENTS I. Experimental Design 1. Introduction Title

The Negative Relationship Between The Debt Ratio And Performance Of Firms In China

1674 words - 7 pages Finding According to results of two models, the R square of two models is not high, far lower than 1. So model is not fit the date well, this means that there is not significant linear relationship between the explaining variable and the dependent variable and many factors can affect the performance of firms, however the model don’t take them into consider. In the test of significance, only the DAR is pass the test at the 0.1 significant

An Investigation Into The Relationship Between Anxiety And Depression Among University Students

1645 words - 7 pages relationship between the two according to (Brendel, 2008). During the month of March of 2014, I administered a research under the topic “An Investigation into the Relationship between Anxiety and Depression among University Students”. Throughout this research, an anxiety test and a depression test was simultaneously administered to 30 students of the Northern Caribbean University (NCU), 15 being males and 15 females, all between the ages 18years

An Analysis Of The Relationship Between Corporate America And Wall Street In Liquidated By Karen Hos

1278 words - 6 pages In Karen Hos’ Liquidated, she aims to study the relationships between corporate America and the worlds greatest financial center. . . Wall Street. She puts all her three years of research in her ethnography and thus the very first page of chapter one, we can already understand Hos’ determination to understand what Wall Street is all about. The first main theme explained is the relations in Wall Street that are based on a culture of domination