Diversification and financialization of non-financial corporations: Evidence from China
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DOI: 10.1016/j.ememar.2021.100834
Abstract: Abstract This paper examines whether and how business diversification affects financialization in non-financial corporations. Using data from the Chinese market, we find that business diversification strategy will significantly increase non-financial corporations' investment in financial assets.… read more here.
Keywords: financialization non; diversification; business diversification; non financial ... See more keywords