Artikel

The impact of corporate diversification and financial structure on firm performance: Evidence from South Asian countries

We examined the impact of corporate diversification and financial structure on the firms' financial performance. We collected data from 520 manufacturing firms from Pakistan, India, Sri Lanka, and Bangladesh. We used panel data of 14 years from 2004-2017 to analyze the results. We applied a two-step dynamic panel approach to analyze the hypotheses. We found that product diversification and geographic diversification significantly affected the firms' financial performance. We further found that dividend policy and capital structure had a significant impact on the firm's financial performance.

Language
Englisch

Bibliographic citation
Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 12 ; Year: 2019 ; Issue: 1 ; Pages: 1-17 ; Basel: MDPI

Classification
Wirtschaft
Subject
corporate diversification
financial structure
corporate governance
audit quality
firm financial performance

Event
Geistige Schöpfung
(who)
Mehmood, Rashid
Hunjra, Ahmed Imran
Chani, Muhammad Irfan
Event
Veröffentlichung
(who)
MDPI
(where)
Basel
(when)
2019

DOI
doi:10.3390/jrfm12010049
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Mehmood, Rashid
  • Hunjra, Ahmed Imran
  • Chani, Muhammad Irfan
  • MDPI

Time of origin

  • 2019

Other Objects (12)