Diversification and Corporate Governance

George Hendrikse and A.A.C.J. van Oijen

ERIM Report Series Research in Management from Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam

Abstract: This article addresses the impact of governance structure on diversification behavior. Hypotheses are developed regarding the differences in diversification strategy of cooperatives and stock listed companies. The analysis shows that stock listed companies are more diversified than cooperatives, related as well as unrelated.

Keywords: cooperatives; diversification; governance structure; stock listed companies (search for similar items in EconPapers)
JEL-codes: L2 M M10 (search for similar items in EconPapers)
Date: 2002-05-23
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Persistent link: https://EconPapers.repec.org/RePEc:ems:eureri:202

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