We theorize that firms simultaneously seek to balance their growth across both the geographic and product diversification domains. To achieve this balance, businesses commonly adopt a strategy of expanding an under-diversified direction at the expense of an over-diversified one. Accordingly, we...

This study shows that the interplay between "adjustment costs", "coordination costs" and within-industry diversification benefits, results in an S-shaped relationship between within-industry diversification and firm performance. At low levels of within industry diversification, coordination...

We examine the diffusion of a major firm strategy, unrelated diversification, among a population of Chinese listed firms during the 1991 to 2002 period. We propose that a firm’s social network can serve as both an information disseminator and a channel of influence in the diffusion of the...