The effectiveness of the unification of enterprises in the cluster is also associated with high uncertainty and risks … under the conditions of cluster association is an urgent scientific task. The methodology of a comprehensive risk assessment … of the cluster enterprise is based on the use of the approach for building a functional-target model of a cluster …

more diversified strategy. Overall, our study provides novel evidence on the benefit of diversification by demonstrating … the importance of geographic scope and diversification at times of crises. Specifically, we show corporate diversification …, diversification could even become essential for larger firms that are expected by the market to be more diversified. …

diversification is not an easy task as it is impacted by a huge number of different factors: the way systematic risk is measured, the … of the asset features, the model adopted to measure diversification (i.e., equally weighted versus optimal allocation …

This paper studies the relationship between portfolio diversification and fund performance, based on an unexplored … focus. Our results suggest that diversification within, but not across industries, associates with higher buyout fund … performance. We do not find a significant relationship between geographical diversification and performance. These results partly …

framework given by the Solvency II Standard Formula. This gives rise to the definition of diversification functions, which we … define as monotone, subadditive, and homogeneous functions on a convex cone. Diversification functions constitute a class of … models for the study of the aggregation of risk and diversification. The aggregation of risk measures using a diversification …

examine preferences for international diversification versus domestic diversification from American investors’ viewpoints. Our … PO results imply that the domestic diversification strategy dominates the international diversification strategy at a …