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.

Bibliografiska uppgifter
Huvudupphovsmän: Liao, Huiyi., Lim, Pan Ni., Tan, Peishan.
Övriga upphovsmän: Lim, Chee Yeow
Materialtyp: Final Year Project (FYP)
Publicerad: 2008
Ämnen:
Länkar:http://hdl.handle.net/10356/9541