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

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  • Liouville, Jacques

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.

Suggested Citation

  • Liouville, Jacques, 1991. "Les entreprises doivent-elles se spécialiser ou se diversifier pour être rentables?," European Management Journal, Elsevier, vol. 9(1), pages 82-87, March.
    • Handle: RePEc:eee:eurman:v:9:y:1991:i:1:p:82-87
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