International evidence on the value of product and geographic diversity /

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Bibliographic Details
Author / Creator:Laeven, Luc.
Imprint:Washington, D.C. : World Bank, Financial Sector Strategy and Policy Department, [2001]
Description:34 p. ; 28 cm.
Language:English
Series:Policy research working paper ; 2729
Policy research working papers ; no. 2729.
Subject:
Format: E-Resource Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/4583506
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Other authors / contributors:World Bank. Financial Sector Strategy and Policy Group.
Notes:"December 2001."
Includes bibliographical references (p. 21-24).
Also available on the World Wide Web.
Summary:Corporate diversification destroys value due to both agency and influence costs. Consistent with this finding, insider ownership is associated with less corporate diversification.

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