Benefits or costs? The effects of diversification with cross-industry knowledge on corporate value under crisis situation
Purpose: This paper aims to explore the explanations of “information effect” and “agency effect” of corporate diversification with cross-industry knowledge under a crisis situation. Design/methodology/approach: Based on an event study of 203 public companies’ crises in China between 2008 and 201...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Language: | English |
| Published: |
Emerald
2020
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/88220 |