Assessing international diversification of West German corporations
从市场视角考察西德企业国际多元化的绩效，发现高度工业化但相对较小的西德市场中，企业走向海外能为股东创造财富。
Abstract While product diversity has primarily attracted strategic management scholars, this paper examines the performance of corporate international diversification from a market point of view. The results indicate that in a highly industrialized, but relatively small, West German market, companies going abroad create shareholder wealth.