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| Author: | Bühner, R. |
| Title: | Assessing international diversification of West German corporations. |
| Journal: | Strategic Management Journal
1987 : JAN-FEB, VOL. 8:1, p. 25-37 |
| Index terms: | DIVERSIFICATION FEDERAL REPUBLIC OF GERMANY INTERNATIONALIZATION PERFORMANCE APPRAISAL |
| Language: | eng |
| Abstract: | The effects of international diversification of firms is analyzed in West Germany on market performance. If international corporate diversification has value to shareholders,a revaluation of the shares of those companies expanding in foreign markets should be observed. It is indicated that internationalization and domestic product expansion are two alternative diversification options in view of shareholders' wealth. The findings are limited to large firms residing in West Germany. The small geographic and economic size of this country might be responsible for imperfection in the goods and factor markets. |
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