Based on the earlier work, this paper re-examines the relationship between diversification and corporate performance and finds a statistically significant U-shape relationship in the Chinese market. The result is test...Based on the earlier work, this paper re-examines the relationship between diversification and corporate performance and finds a statistically significant U-shape relationship in the Chinese market. The result is tested and confirmed for robustness by controlling for the firm size, age and indusu＇y effects. The findings do not support the notion that diversification is a return-reducing strategy and the understanding in the western economic and financial literature about diversification performance may not be automatically applicable to the case of China.展开更多
Significant revenue growth 100 Chinese firms engaged in the production and sale of textile have already announced their first-half 2010 financial results.
The year 2016 is the year of change for China’s new energy vehicles industry,and also the key year in which the industry walks into the growth period from a lead-in period.The opportunities were obvious,and challenge...The year 2016 is the year of change for China’s new energy vehicles industry,and also the key year in which the industry walks into the growth period from a lead-in period.The opportunities were obvious,and challenges extremely difficult to meet.On one hand,many lithium battery enterprises suffered from a long account period,slowly returned money or展开更多
文摘Based on the earlier work, this paper re-examines the relationship between diversification and corporate performance and finds a statistically significant U-shape relationship in the Chinese market. The result is tested and confirmed for robustness by controlling for the firm size, age and indusu＇y effects. The findings do not support the notion that diversification is a return-reducing strategy and the understanding in the western economic and financial literature about diversification performance may not be automatically applicable to the case of China.
文摘Significant revenue growth 100 Chinese firms engaged in the production and sale of textile have already announced their first-half 2010 financial results.
文摘The year 2016 is the year of change for China’s new energy vehicles industry,and also the key year in which the industry walks into the growth period from a lead-in period.The opportunities were obvious,and challenges extremely difficult to meet.On one hand,many lithium battery enterprises suffered from a long account period,slowly returned money or
