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  • 标题:More on corporate diversification, firm size and value creation
  • 本地全文:下载
  • 作者:Duc Khuong Nguyen ; Walid Mensi ; Adel Boubaker
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2008
  • 卷号:7
  • 出版社:Economics Bulletin
  • 摘要:This paper examines the impact of corporate diversification and firm size on the value creation over the 1997-2005 period for twenty-five non-banking firms listed on Tunis Stock Exchange. Our results confirm previous studies in that shares of diversified firms sell at a discount. Moreover, value creation is found to be positively associated with larger firms.
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