文章基本信息

标题：The impact of corporate diversification on firm value in Kenya
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作者：Anthony Manyuru ; Muturi Wachira ; Evans Amata 等
期刊名称：African Journal of Business Management
印刷版ISSN：1993-8233
出版年度：2017
卷号：11
期号：11
页码：241-249
DOI：10.5897/AJBM2017.8275
语种：English
出版社：Academic Journals
摘要：This study investigates the impact of corporate diversification on the value of firms listed at the Nairobi Securities Exchange (NSE). Panel regression techniques were used as the estimation methods. The overall findings of the study where somewhat mixed. The study finds that industrial diversification reduces firm value, but geographical diversification does not have a significant impact on firm value. When examining each industry individually, the study established that industrial diversification enhanced firm value in the agricultural industry but did not significantly influence firm value in the other industries.
关键词：Industrial diversification; geographical diversification; firm value; ownership structure; frontier markets