scholarly journals Corporate Diversification and Financial Performance: A Review of Literature

2012 ◽  
Vol 4 (2) ◽  
Author(s):  
Meysam Doaei ◽  
Melati B. Ahmad Anuar ◽  
Nik Intan Norhan Adb Hamid
Keyword(s):  
Financial Performance ◽  
Corporate Diversification ◽  
Review Of Literature

scholarly journals The Impact of Corporate Diversification and Financial Structure on Firm Performance: Evidence from South Asian Countries

2019 ◽  
Vol 12 (1) ◽  
pp. 49 ◽  
Author(s):  
Rashid Mehmood ◽  
Ahmed Hunjra ◽  
Muhammad Chani
Keyword(s):  
Financial Performance ◽  
South Asian ◽  
Financial Structure ◽  
Manufacturing Firms ◽  
Product Diversification ◽  
Corporate Diversification ◽  
Asian Countries ◽  
Geographic Diversification ◽  
Dynamic Panel ◽  
The Impact

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.

scholarly journals The Study on the Relationship between the Environmental and Financial Performances of Corporates Which Have Adopting the System of Environmental Accounting in Taiwan

2019 ◽  
Vol 81 ◽  
pp. 01012
Author(s):  
Wei-Lun Huang ◽  
Yan-Kai Fu
Keyword(s):  
Social Responsibility ◽  
Financial Performance ◽  
Environmental Performance ◽  
Positive Relationship ◽  
Environmental Policies ◽  
Environmental Accounting ◽  
Accounting System ◽  
Review Of Literature ◽  
The Social ◽  
The Relationship

The purpose of this paper is to study the relationship between the environmental and financial performance of Corporates. For the environmental awareness of people, the social responsibility of companies and the environmental policies and laws of government, more and more companies would adopt the system of environmental accounting, and then they would disclosure their environmental performances. From the review of literature and the statistics results on the financial and environmental performances of listed companies which had adopted the environmental accounting system in Taiwan, the results are: 1.the adopting on the system of environmental accounting might make the corporations’ financial performances worse, but not significantly make corporations’ environmental performances better. 2. There should be a positive relationship between the environmental performance and financial performance of companies.

A Success Model for Enterprise Resource Planning Adoption to Improve Financial Performance in Vietnam’s Equitized State Owned Enterprises

2011 ◽  
Vol 7 (1) ◽  
pp. 41-55 ◽  
Author(s):  
Long Pham ◽  
Jeffrey E. Teich
Keyword(s):  
Financial Performance ◽  
Enterprise Resource Planning ◽  
Innovation Adoption ◽  
Resource Planning ◽  
Developed Countries ◽  
Review Of Literature ◽  
Erp Systems ◽  
Future Studies ◽  
Factors Influencing ◽  
Success Model

Equitized state-owned enterprises (ESOEs) in Vietnam have begun to implement enterprise resource planning (ERP) systems, ubiquitous in developed countries, to improve their operational and financial performance. However, such ESOEs lack a model for ERP adoption to guide them in successfully implementing ERP systems. This study is based on an extensive review of literature on ERP benefits and the equitization process in Vietnam and relevant theories on innovation adoption, and the authors propose a success model for ERP adoption in Vietnam’s ESOEs. Model hypotheses that present relationships among factors influencing ERP adoption are given and future studies are discussed.

A Success Model for Enterprise Resource Planning Adoption to Improve Financial Performance in Vietnam’s Equitized State Owned Enterprises

2013 ◽  
pp. 81-97 ◽  
Author(s):  
Long Pham ◽  
Jeffrey E. Teich
Keyword(s):  
Financial Performance ◽  
Enterprise Resource Planning ◽  
Innovation Adoption ◽  
Resource Planning ◽  
Developed Countries ◽  
Extensive Review ◽  
Review Of Literature ◽  
Erp Systems ◽  
Factors Influencing ◽  
Success Model

Equitized state-owned enterprises (ESOEs) in Vietnam have begun to implement enterprise resource planning (ERP) systems, ubiquitous in developed countries, to improve their operational and financial performance. However, such ESOEs lack a model for ERP adoption to guide them in successfully implementing ERP systems. This study is based on an extensive review of literature on ERP benefits and the equitization process in Vietnam and relevant theories on innovation adoption, and the authors propose a success model for ERP adoption in Vietnam’s ESOEs. Model hypotheses that present relationships among factors influencing ERP adoption are given and future studies are discussed.

Financial performance and corporate diversification strategies in professional football – evidence from the English Premier League

2020 ◽  
Vol 10 (3) ◽  
pp. 291-315 ◽  
Author(s):  
Florian Holzmayer ◽  
Sascha L. Schmidt
Keyword(s):  
Financial Performance ◽  
Sport Management ◽  
International Diversification ◽  
Corporate Diversification ◽  
Professional Football ◽  
Content Type ◽  
Football Clubs ◽  
Diversification Strategies ◽  
Management Literature ◽  
Performance Effects

PurposeProfessional football clubs have increasingly initiated two corporate diversification strategies to enfold growth opportunities besides traditional income sources: business diversification and international diversification. Empirical findings from management and sport management literature provide inconclusive evidence on these strategies' financial performance effects, necessitating further research. The purpose of this article is therefore to investigate how both corporate diversification strategies affect the financial performance of professional football clubs.Design/methodology/approachA 15-year panel data set of English Premier League (EPL) clubs is examined, many of which have employed corporate diversification strategies. Measures for related business diversification (RBD) and unrelated business diversification (UBD) as well as international diversification are established from management literature. Based on fixed effects regression models, their effects on clubs' revenues and profitability are then examined.FindingsU-shaped effects from RBD on revenues and profitability are found, but no effects from UBD. These findings empirically support the theoretically appealing superiority of RBD over UBD and, with increasing levels of RBD, over a focused strategy in management literature. With international diversification, an inverted U-shaped effect on revenues is identified.Research limitations/implicationsDespite focusing only on the EPL, these findings provide new evidence of non-linear financial performance effects from corporate diversification strategies adding to (sport) management literature and setting the stage for future research on these strategies in professional football.Practical implicationsThese findings have significant implications for club managers' strategic growth opportunities such as new business models or geographic markets.Originality/valueThis is the first study to empirically examine the financial effects of corporate diversification strategies in the football market context.

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