Abstract
This paper examines the relationship between international diversification and performance by matching a sample of 400 U.S. and 400 Korean firms on industry type and testing the relationship over five years (1992-1996). Results indicate that U.S. firms show a positive association with regard to international diversification and performance, but a negative relationship between product diversification and performance. Korean firms, however, show a positive association with both types of diversification. In addition, Korean firms' strategies were associated more with sales-based measures, while U.S. firms were associated more closely with profit-based measures. These results suggest that the two countries do not approach diversification in the same way.
Original language | English (US) |
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Pages (from-to) | 11-41 |
Number of pages | 31 |
Journal | International Journal of Commerce and Management |
Volume | 13 |
Issue number | 1 |
DOIs | |
State | Published - Jan 1 2003 |
All Science Journal Classification (ASJC) codes
- Business and International Management
- Strategy and Management