Impact of corporate diversification on idiosyncratic volatility.
We analyze a set of firms during 1997 to 2001 and find that corporate diversification is significantly and negatively related to firm-specific volatility. This study provides confirmative evidence that corporate diversification has the benefit of lowering idiosyncratic volatility.
| Huvudupphovsmän: | , , |
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| Övriga upphovsmän: | |
| Materialtyp: | Final Year Project (FYP) |
| Publicerad: |
2008
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| Ämnen: | |
| Länkar: | http://hdl.handle.net/10356/9541 |