Geographic and Industrial Diversification of Developing Country Firms*
研究了发展中国家企业的产业和地理多元化活动对绩效的影响，基于345家企业的数据发现两者与绩效正相关，且关系因地区和策略而异。
ABSTRACT This paper examines the impact of the industrial and geographical diversification activities of developing country firms on their performance, and draws attention to the unique attributes of these firms and of the circumstances under which their diversification activities take place. The empirical analysis is based on data from 345 developing country firms. The findings suggest significant and positive association between industrial and geographic diversification and performance, and considerable variation of these relationships across developing regions and diversification strategies.