How firms manage their cash flows: an examination of diversification’s effect
Sign Up to like & getrecommendations! Published in 2017 at "Review of Quantitative Finance and Accounting"
DOI: 10.1007/s11156-016-0565-1
Abstract: We extend recently documented evidence that diversified firms hold significantly less cash than specialized firms to consider differences in how diversified and specialized firms adjust their cash flows to achieve their target cash balance. We… read more here.
Keywords: cash; cash flows; firms manage; finance ... See more keywords
Do all diversified firms hold less cash? The role of product market competition
Sign Up to like & getrecommendations! Published in 2019 at "Journal of International Financial Markets, Institutions and Money"
DOI: 10.1016/j.intfin.2018.11.005
Abstract: Abstract We examine the relationship between corporate diversification and cash holdings for a large sample of over 17,500 firms from 12 countries for the period from 1998 to 2013. In contrast to previous studies where… read more here.
Keywords: cash; market competition; product market; product ... See more keywords
A resource-based analysis of realized knowledge relatedness in diversified firms
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DOI: 10.1016/j.jbusres.2016.10.011
Abstract: The competitiveness of related diversified firms depends upon their ability to exploit knowledge relatedness by using the internal knowledge transfer processes within the organizational network. However, most existing studies deal with potential knowledge relatedness at… read more here.
Keywords: knowledge; realized knowledge; resource based; diversified firms ... See more keywords
Technological Specialization and the Decline of Diversified Firms
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DOI: 10.1017/s0022109018000583
Abstract: We document a strong decline in corporate-diversification activity since the late 1970s, and we develop a dynamic model that explains this pattern, both qualitatively and quantitatively. The key feature of the model is that synergies… read more here.
Keywords: specialization decline; diversified firms; model; technological specialization ... See more keywords
The sustainability issues of diversified firms in emerging economies context: a theoretical model and propositions
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DOI: 10.1504/ijpmb.2017.10002170
Abstract: The purpose of this article is to analyse and propose the impact of emerging markets on existing diversified firm practices. Moreover, this paper seeks to identify the sustainability issues of diversified firms in emerging economies.… read more here.
Keywords: firms emerging; emerging economies; issues diversified; diversified firms ... See more keywords