| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3449 |
| DP3449 The Political Economy of EU Enlargement: Lessons from Switzerland | |
| Jaime de Melo; Tobias Müller; Florence Miguet | |
| 发表日期 | 2002-07-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | In this Paper we show that the main empirical findings about firm diversification and performance are actually consistent with the optimal behavior of a firm that maximizes shareholder value. In our model, diversification allows a firm to explore better productive opportunities while taking advantage of economies of scale. The dynamic structure of our model allows us to examine several aspects of the relationship between firm diversification and performance in a very general setting. |
| 主题 | Financial Economics ; Industrial Organization |
| 关键词 | Diversification discount Size Corporate strategy Total factor productivity Diversification |
| URL | https://cepr.org/publications/dp3449 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532467 |
| 推荐引用方式 GB/T 7714 | Jaime de Melo,Tobias Müller,Florence Miguet. DP3449 The Political Economy of EU Enlargement: Lessons from Switzerland. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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