Corporate Diversification and Financial Performance: A Review of Literature

Meysam Doaei, Melati B. Ahmad Anuar, Nik Intan Norhan Adb Hamid


The impact of corporate diversification on financial performance has been subject of some studies from the past. In addition, scholars found positive or negative relationship between the two variables. However, there are some theories and motivation which explain the part of relationship that state in this paper. In this paper, we try to show measurement of diversification and summary of related studies.


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Asian Journal of Finance & Accounting ISSN 1946-052X


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