Essays about: "advantages and disadvantages of conglomerate diversification"

Found 1 essay containing the words advantages and disadvantages of conglomerate diversification.

  1. 1. Internal Capital Markets and Company Value

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Anders Danielsson; Mikael Salenstedt; [2007]
    Keywords : Internal capital market; Diversification discount; Conglomerate; Company group; Herfindahl;

    Abstract : Ever since the first conglomerates were formed in the 1920ies, researchers have examined advantages and disadvantages of conglomeration, and if it creates or destroys shareholder value. The purpose of this thesis is to examine how variables that are descriptive for internal capital markets, one of the main features of conglomerates, affect the market value of Swedish company groups. READ MORE