While financial firms keep searching for the secret formula to make profits out of providing multiple financial services under one roof, nonfinancial firms seem headed in the opposite direction. What can financial firms learn from the experience of diversified nonfinancial firms and those firms that have increased their focus? Mitchell Berlin examines this question and offers some possible explanations as to why nonfinancial firms have found it so hard to profit from diversification.Nonbank activities
Previous studies have shown that regulated firms diversify for reasons that are different than for u...
Product-diversification research has proliferated for decades and has been conducted in a variety of...
In this paper, we show that Tobin's q and firm diversification are negatively related. This negative...
Over the last two decades, fundamental changes have occurred in the financial services industry whic...
We find new facts that relate the evolution of firm scope to the changing frictions in external capi...
This paper attempts to ascertain whether or not functional diversification is value-enhancing or val...
Previous studies have shown that regulated firms tend to diversify for different reasons than unregu...
We formalize the idea that when managers require external investment to expand, higher-skilled firms...
We formalize the idea that when managers require external investment to expand, higher-skilled firms...
139 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1984.Recent theoretical studies of...
This paper investigates whether the diversity of activities conducted by financial institutions infl...
MOST FIRMS TODAY produce more than one product. In this sense their production is diversified, or ho...
Previous studies have shown that regulated firms diversify for reasons that are different than for u...
Product-diversification research has proliferated for decades and has been conducted in a variety of...
In this paper, we show that Tobin's q and firm diversification are negatively related. This negative...
Over the last two decades, fundamental changes have occurred in the financial services industry whic...
We find new facts that relate the evolution of firm scope to the changing frictions in external capi...
This paper attempts to ascertain whether or not functional diversification is value-enhancing or val...
Previous studies have shown that regulated firms tend to diversify for different reasons than unregu...
We formalize the idea that when managers require external investment to expand, higher-skilled firms...
We formalize the idea that when managers require external investment to expand, higher-skilled firms...
139 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 1984.Recent theoretical studies of...
This paper investigates whether the diversity of activities conducted by financial institutions infl...
MOST FIRMS TODAY produce more than one product. In this sense their production is diversified, or ho...
Previous studies have shown that regulated firms diversify for reasons that are different than for u...
Product-diversification research has proliferated for decades and has been conducted in a variety of...
In this paper, we show that Tobin's q and firm diversification are negatively related. This negative...