Article ID Journal Published Year Pages File Type
5089866 Journal of Banking & Finance 2012 17 Pages PDF
Abstract
► We reexamine the effect of diversification on firm performance. ► We employ quantile regression approach with risk-adjusted performance measures. ► We find that both diversification discount and premium disappear.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Diversification and risk-adjusted performance: A quantile regression approach
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