Does Diversification Destroy Firm Value? - Trade-off between Liquidity Premium and Cross-subsidization
碩士 === 國立交通大學 === 財務金融研究所 === 100 === Value destruction by diversified firms relative to their focused competitors has been widely studied by prior literatures. This discount effect has been ascribed to many factors; among the most prominent of these explanations is the cross-subsidization effect...
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| Format: | Others |
| Language: | en_US |
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2012
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| Online Access: | http://ndltd.ncl.edu.tw/handle/21345188533465979435 |