Empirical studies of firm diversification suggest the existence of a positive relationship between the relatedness of diversification and firm performance. Using evidence from the food manufacturing sector, we find that this relationship is weak at best and that market share appears to be a more powerful predictor of firm performance.Agribusiness, Industrial Organization,

Caswell, Julie A.

Ding, John Y.

English

Research Papers in Economics

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Relatedness and Performance: A Reexamination of the Diversification-Performance Link

Relatedness and Performance: A Reexamination of the Diversification-Performance Link

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Research Papers in Economics