L'impact de la diversification sur la valeur de la firme. Vers une approche contingente
Florence André-Le Pogamp and
Patrick Navatte
Revue française de gestion, 2014, vol. N° 241, issue 4, 107-120
Abstract:
This paper exhibits a synthesis of the most significant recent contributions focusing on industrial and geographical. In instable economic context, this tool may appear as an efficient strategy. As observed with recent crisis, diversification enables firms to alleviate hard financial constraints, to avoid bankruptcy during industry distressed periods, and to redeploy employees more aggressively. Nevertheless to highlight some new insights concerning the effects of diversification, it seems compulsory now, beyond ideas, to build dynamic models and to take into account as much as possible endogeneity problem?s linked to this strategy.
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:cai:rfglav:rfg_241_0107
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