%0 Journal Article
%T Unrelated Diversification and Firm Performance: 1980-2007 Evidence from Italy
%A Maurizio La Rocca
%A Raffaele Staglian¨°
%J Australasian Accounting Business and Finance Journal
%D 2012
%I University of Wollongong
%X The goal of this article is to examine the relationship between unrelated diversification and performance. Results indicate that diversified firms, investing in activities far from the corebusiness, have high performance. Unrelated diversification positively affects firmsĄŻ performance. In addition, the estimation methods applied are fundamental in order to verify if there are endogeneity problems in the diversification decision and evaluate the effective role of diversification on performance.
%K Corporate diversification
%K unrelatedness
%K performance
%U http://ro.uow.edu.au/aabfj/vol6/iss1/13