Of the variety of relations established between firms, this paper analyses networking structures and organizations in order to determine whether these new links between firms help to create value for their shareholders. Event methodology is applied to a sample of 467 announcements of strategic...

We analyze the impact of product diversification on performance. This topic has been discussed in the literature, and there is no consensus so far as to the significance or the direction of the impact. Performance is measured using Tobin's q for a sample of 103 large, non-financial Spanish firms...