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We present empirical evidence on diversification patterns in Italian manufacturing firms and detect a robust … relationship between firm size and diversification levels, with an elasticity of diversification that does not depend on firm size … and is well below unity. Diversification does not lead to decreased corporate risk when measured in terms of the growth …
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The main idea of this paper is that bank internationalization might encourage exports as banks' foreign branches and representative offices provide financial and informational support to exporting firms. This hypothesis has been tested using bank and firm data at Italian province-level between...
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investigate for the first time the links between export diversification over destination countries and goods on the one hand and …
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