On the differing pattern of corporate diversification across economies

Deepak Sinha

International Advances in Economic Research, 2000, vol. 6, issue 4, 749-762

Abstract: Conglomerates, that is, firms which have diversified into industries having little in common in terms of markets, technologies, or skills, occupy only a relatively minor position among large firms in the U.S., but they dominate many other economies, particularly the developing ones in Asia. This paper describes a model which helps explain this difference in the observed pattern of corporate diversification across economies. Copyright International Atlantic Economic Society 2000

Date: 2000
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DOI: 10.1007/BF02295385

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