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On the differing pattern of corporate diversification across economies

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  • Deepak Sinha

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

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  • Deepak Sinha, 2000. "On the differing pattern of corporate diversification across economies," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 6(4), pages 749-762, November.
    • Handle: RePEc:kap:iaecre:v:6:y:2000:i:4:p:749-762:10.1007/bf02295385
    DOI: 10.1007/BF02295385
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