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
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Englisch
- Bibliographic citation
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Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 12 ; Year: 2019 ; Issue: 1 ; Pages: 1-17 ; Basel: MDPI
- Classification
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Wirtschaft
- Subject
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corporate diversification
financial structure
corporate governance
audit quality
firm financial performance
- Event
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Geistige Schöpfung
- (who)
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Mehmood, Rashid
Hunjra, Ahmed Imran
Chani, Muhammad Irfan
- Event
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Veröffentlichung
- (who)
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MDPI
- (where)
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Basel
- (when)
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2019
- DOI
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doi:10.3390/jrfm12010049
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
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