Asset Details
Do you wish to reserve the book?
Within-industry diversification and firm performance-an S-shaped hypothesis
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Within-industry diversification and firm performance-an S-shaped hypothesis
Do you wish to request the book?
Within-industry diversification and firm performance-an S-shaped hypothesis
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Within-industry diversification and firm performance-an S-shaped hypothesis
2015
Overview
This study shows that the interplay between \"adjustment costs\", \"coordination costs\" and within-industry diversification benefits, results in an S-shaped relationship between within-industry diversification and firm performance. At low levels ofwithin-industry diversification, coordination costs are negligible but \"adjustment costs\" are higher than the synergy benefits of a limited product scope, hence leading to negative performance outcomes. At moderate levels of within-industry diversification synergies between related product categories substantially increase and outweigh the rise in adjustment and coordination costs, resulting in positive performance outcomes. Yet, extensive within-industry diversification gives rise to considerable coordination costs, which, coupled with adjustment costs, outweigh synergy effects and hamper performance. The study further shows that a greater change rate ofwithin-industry diversification results in negative performance outcomes.
Publisher
John Wiley & Sons, Ltd,John Wiley & Sons,Wiley Periodicals Inc
Subject
