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Geographic and Industrial Diversification of Developing Country Firms

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  • Lilach Nachum

Abstract

This paper examines the impact of the industrial and geographical diversification activities of developing country firms on their performance, and draws attention to the unique attributes of these firms and of the circumstances under which their diversification activities take place. The empirical analysis is based on data from 345 developing country firms. The findings suggest significant and positive association between industrial and geographic diversification and performance, and considerable variation of these relationships across developing regions and diversification strategies. Copyright Blackwell Publishing Ltd 2004.

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  • Lilach Nachum, 2004. "Geographic and Industrial Diversification of Developing Country Firms," Journal of Management Studies, Wiley Blackwell, vol. 41(2), pages 273-294, March.
  • Handle: RePEc:bla:jomstd:v:41:y:2004:i:2:p:273-294
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    References listed on IDEAS

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    1. Prendergast, Renee, 1990. "Causes of multiproduct production: The case of the engineering industries in developing countries," World Development, Elsevier, vol. 18(3), pages 361-370, March.
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    7. Robert M Grant, 1987. "Multinationality and Performance among British Manufacturing Companies," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 18(3), pages 79-89, September.
    8. Pennings, J.M. & Barkema, H.G. & Douma, S.W., 1994. "Organizational learning and diversification," Other publications TiSEM 2cabb122-340f-4729-afb3-9, Tilburg University, School of Economics and Management.
    9. Ghemawat, Pankaj & Khanna, Tarun, 1998. "The Nature of Diversified Business Groups: A Research Design and Two Case Studies," Journal of Industrial Economics, Wiley Blackwell, vol. 46(1), pages 35-61, March.
    10. Nachum, Lilach, 1999. "Diversification strategies of developing country firms," Journal of International Management, Elsevier, vol. 5(2), pages 115-140.
    11. Singh, Ajit, 1994. "Corporate financial patterns in industrialising economies: a comparative international study," MPRA Paper 54936, University Library of Munich, Germany.
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