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Author:Szeless, G.
Wiersema, M.
Müller-Stewens, G.
Title:Portfolio interrelationships and financial performance in the context of European firms
Journal:European Management Journal
2003 : APR, VOL. 21:2, p. 146-163
Index terms:Portfolio management
Financial performance
Corporate finance
Language:eng
Abstract:The authors investigate firm relatedness and its further relationships to accounting and market-based performance measures within a sample of European firms. The results confirm a positive and significant relationship between resource-based relatedness and firm performance for German, Swiss and Australian multibusiness firms. Thus this study provides further evidence that resource-based relatedness of large diversified manufacturing companies can help explain variability in corporate financial performance across different institutional environments.
SCIMA record nr: 251093
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