All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC
ralph lauren polo

 
Duc Khuong Nguyen, Walid Mensi and Adel Boubaker
 
''More on corporate diversification, firm size and value creation''
( 2008, Vol. 7 No.3 )
 
 
This paper examines the impact of corporate diversification and firm size on the value creation over the 1997-2005 period for twenty-five non-banking firms listed on Tunis Stock Exchange. Our results confirm previous studies in that shares of diversified firms sell at a discount. Moreover, value creation is found to be positively associated with larger firms.
 
 
Keywords:
JEL: G3 - Corporate Finance and Governance: General
F3 - International Finance: General
 
Manuscript Received : Nov 27 2007 Manuscript Accepted : Jan 05 2008

  This abstract has been downloaded 1649 times                The Full PDF of this paper has been downloaded 149392 times