Thesis
Does corporate diversification matter for Australian firms?
Southern Cross University
Southern Cross University
2019
DOI:
https://doi.org/10.25918/thesis.84
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Abstract
This study examined the impact of corporate diversification on performance and risk level among Australian firms between 2005 and 2015. An exploratory multiple case study research design was adopted and included six diversified ASX 200 listed companies that had undertaken a merger, demerger or acquisition. The results were mixed in terms of the impact of diversification on performance. However, diversification had a greater impact on corporate risk. The study found that corporate diversification does not automatically lower idiosyncratic risk. In order to lower risk, firms must have a greater post-event portfolio effect and plan for a diversification level increase.
Details
- Title
- Does corporate diversification matter for Australian firms?
- Creators
- Alex Stefanovic
- Contributors
- Scott James Niblock (Supervisor) - Southern Cross UniversityJennifer L Harrison (Supervisor) - Southern Cross University
- Awarding Institution
- Southern Cross University; DBA
- Theses
- Southern Cross University
- Publisher
- Southern Cross University
- Number of pages
- xviii, 355 pages
- Identifiers
- 991012896700402368
- Copyright
- Copyright A Stefanovic 2019
- Academic Unit
- School of Business and Tourism; Management; Faculty of Business, Law and Arts
- Resource Type
- Thesis