Les entreprises doivent-elles se spécialiser ou se diversifier pour être rentables?

Jacques Liouville

European Management Journal, 1991, vol. 9, issue 1, 82-87

Abstract: Is it more or less profitable to diversify? Jacques Liouville made a survey of companies in the German mechanical engineering sector and finds it leads to two interesting lessons. First, unrelated diversification is not to be recommended; second, external growth is preferable to internal if sufficient funds are forthcoming from the parent company.

Date: 1991
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