I study the relation between corporate diversification and labor productivity in a sample of over 600,000 firms from 89 … countries. Across the entire sample, greater diversification is associated with significantly lower labor productivity. Contrary … diversification and productivity is significantly stronger in countries with better financial development …

operated. using plant-level Census Bureau data, we show that productivity is inversely related to the degree of diversification …, the lower the productivity of its plants. Hence de-diversification is one of the means by which recent takeovers have … diversification declined significantly during the second half of the decade. The mean number of industries in which firms operated …

operated. using plant-level Census Bureau data, we show that productivity is inversely related to the degree of diversification …, the lower the productivity of its plants. Hence de-diversification is one of the means by which recent takeovers have … diversification declined significantly during the second half of the decade. The mean number of industries in which firms operated …

This paper aims to investigate the effect of knowledge characteristics on the total factor productivity of firms … coherence vs. market coherence and of accumulated knowledge on the productivity of firms differs. Productivity increases with … project knowledge, the diversity of the project portfolio positively affects productivity. -- total factor productivity …

(with no further refinement as to whether such diversification is related or unrelated to the business) on productivity has … forms of diversification on productivity. We find that related diversification, which prior research has identified with … superior performance, enhances firm productivity while unrelated diversification reduces firm productivity. Our paper offers …