Date of Award
2015
Document Type
Dissertation
Publication Status
Version of Record
Submission Date
October 2026
Thesis/Dissertation Advisor [Chair]
Garcia-Feijoo, Luis
Abstract
Corporate diversification is a core topic in Financial Economics. The desire to better understand why a firm elects to diversify as opposed to increase in scale is the motivation of this dissertation. To accomplish this goal I test a number of dynamic models of corporate diversification, with similar predictions, to better understand the dynamic choice to diversify. I find that several previously untested models do indeed provide insight as to why a firm would diversify (Essay One). In particular two firm traits, firm talent which I use the proxy of organization capital and asset specificity which I use the proxy of asset tangibility, are strongly related to propensity of the firm to engage in corporate diversification for the first time.
Extent
158 p.
Recommended Citation
Smith, Garrett C., "Corporate diversification: organization capital, organic growth, and long-term performance" (2015). Electronic Theses and Dissertations 2010 - 2019. 1195.
https://digitalcommons.fau.edu/etd_general_6/1195
Identifier
FA00004468
Comments
Includes bibliography.|Dissertation (Ph.D.)--Florida Atlantic University, 2015|FAU Electronic Theses and Dissertations Collection|Includes bibliography.