Mode of corporate diversification and economic performance

Article Abstract:

A study of 50 randomly chosen Fortune 500 firms that are diversified and have shown recent diversification activity sought to establish the validity of the hypothesis that successfully diversified firms have adopted either a policy of internal diversification or acquisition-led diversification, but never a mixed strategy. Contrary to earlier studies and general opinion, it was found that 36 percent of the sample employed a mixed strategy, and that no significant performance difference between these and the single-strategy diversifiers could be discerned.

Author: Lamont, Bruce T., Anderson, Carl R.
Research, Mergers, acquisitions and divestments, Acquisitions and mergers, Economic policy, Management research, Diversification in industry, Industrial diversification

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The bottom line effects of greening

Article Abstract:

Firms taking a proactive stance as regards environmental protection often reap economic incentives as well as the added bonuses of consumer loyalty and employee commitment. A pro-environment stance fosters a stronger reputation for the company while increasingly attracting qualified recruits and also minimizes the risk of expensive regulatory penalties. Competitive advantage is likewise reaped when the developing and implementing of a pollution control program results in enhanced organizational learning and increased employee skills.

Author: Forte, Monique, Lamont, Bruce T.
Administration of Air and Water Resource and Solid Waste Management Programs, Environmental Programs, Analysis, Economic aspects, Business enterprises, Environmental policy, Corporate social responsibility, Green marketing

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