'Stick to the knitting' vs. 'the mysteriously potent charm of diversification': the Greek evidence
Vassilis Droucopoulos and
Theodore Papadogonas
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Vassilis Droucopoulos: Department of Economics, University of Athens, Athens, Greece, Postal: Department of Economics, University of Athens, Athens, Greece
Theodore Papadogonas: Department of International and European Economic Studies, The Athens University of Economics and Business, Athens, Greece, Postal: Department of International and European Economic Studies, The Athens University of Economics and Business, Athens, Greece
Managerial and Decision Economics, 1999, vol. 20, issue 4, 217-227
Abstract:
This paper provides evidence on the extent, nature of and factors associated with diversification using a novel set of data, referring to both firms and plants, from the Greek manufacturing sector (1992). The paper brings together a strand of hypotheses formulated, and partially tested, in the relevant literature. More specifically, we investigate the relationship between the degree of diversification and firm|industry characteristics by separately examining the behaviour of multiplant and uniplant firms. Certain patterns emerge which are then compared with those that arose in other studies. Copyright © 1999 John Wiley & Sons, Ltd.
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:wly:mgtdec:v:20:y:1999:i:4:p:217-227
DOI: 10.1002/(SICI)1099-1468(199906)20:4<217::AID-MDE929>3.0.CO;2-C
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