EXPLAINING CORPORATE STRUCTURE:THE MD MATRIX, PRODUCT DIFFERENTIATION AND SIZE OF MARKET

Alessandro Sembenelli, Laura Rondi and Stephen W. Davies
Additional contact information
Stephen W. Davies: University of East Anglia, UK

CERIS Working Paper from CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY

Abstract: Conventional explanations of diversification and multinationality both point to the existence of intangible assets as a driving force. Using a new database of leading EU firms in 100 NACE 3-digit industries, we devise a classificatory scheme which allows us to analyze multinationality and diversification jointly. We find that product differentiation and home market primary industry size constraints impact differently on different types of diversified firms. For instance, it appears that the causes ofhome country diversification are qualitatively different from those of diversification abroad.

Pages: 28 pages Jel Code: L 1,L2
Date: 1995-06
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.byterfly.eu/islandora/object/librib:372716 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:csc:cerisp:199504

Access Statistics for this paper

More papers in CERIS Working Paper from CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY Contact information at EDIRC.
Bibliographic data for series maintained by Anna Perin (anna.perin@ircres.cnr.it) and Giancarlo Birello (giancarlo.birello@ircres.cnr.it).