Half a century of research on corporate diversification: A new comprehensive framework

Luis Ángel Guerras-Martín, Guillermo Armando Ronda-Pupo, José Ángel Zúñiga-Vicente and Diana Benito-Osorio

Journal of Business Research, 2020, vol. 114, issue C, 124-141

Abstract: This paper is an initial attempt to use a bibliometric approach for an exhaustive literature review of corporate diversification in order to propose a new comprehensive framework for its study. We conduct an in-depth analysis of the historical evolution of research over the period 1970–2017 in six eight-year stages, shedding light on the main issues in each stage and the links among them using a sample of 1,253 articles. Attention is also paid to the three disciplines in this research stream: Strategic Management, Economics, and Finance. Our analysis reveals how the research on corporate diversification has extended the range of topics addressed and added new theoretical approaches and methodological tools, thereby ensuring greater maturity in its development. Emergent and prevailing research streams are identified, as they are expected to play a key role in the near future. We conclude by recognizing the need for an integrated theory on corporate diversification.

Keywords: Corporate diversification; Strategic management; Evolution of the field; Literature review; Comprehensive framework; Bibliometrics (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:114:y:2020:i:c:p:124-141

DOI: 10.1016/j.jbusres.2020.03.037

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