Galan, Jose I.; Sanchez, Maria J. - In: Industrial and Corporate Change 15 (2006) 3, pp. 531-547
This study analyzes the effect of industry R&D intensity on the degree of product diversification and examines the interaction effect of free cash flow on the previous relationship at the current time in large US firms. Using the S&P 500 sample, we found support for the hypothesis that industry...