The influence of unrelated diversification and ownership structure on firm value: Evidence from Philippine conglomerates

• Main Authors: Koga, Mika M., Pratyaksa, Rorian, Sayoc, Rosanina A., Siy, Michael Dominic O.
• 格式: text
• 語言: English
• 出版: Animo Repository 2014
• 主題: Conglomerate corporations > Philippines; Financial institutions > Management
• 在線閱讀: https://animorepository.dlsu.edu.ph/etd_bachelors/7104
• 機構: De La Salle University

Recent trends show that top Philippine conglomerates, with more than 91% of the Philippine Stock Exchange index (PSEi) market cap, have continued to diversify into the non-core industries (Santiago & Magpayo, 2007 Gitierrez & Rodriguez, 2013). We examine the effect of diversification on firm...