DIVERSIFICATION AND FIRM PERFORMANCE: AN EMPIRICAL EVALUATION Anil M. Pandya and Narendar V. Rao Abstract Diversification is a strategic option that many managers use to improve their firms’ performance. This interdisciplinary research attempts to verify whether firm level diversification has any impact on performance. The study finds that on average‚ diversified firms show better performance compared to undiversified firms on both risk and return dimensions. It also tests the robustness of these
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nobles and peasants‚ to control people and their control would fall short of the aspirations of the King due to overlapping authorities. In order for absolutism to exist in France the government would need to control the social‚ political‚ and economical lives of all the residence of France. King Louis XIV was the closest King to obtaining absolutism‚ people considered his version of absolutism to be the best but even that could not reach the full pentacle of absolutism. During the 17th century
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Background This profile envisages the establishment of a snake farm for the production of venom with a capacity of 100 gm per annum. The present demand for the proposed product is estimated at 5‚500 kg per annum. The demand is expected to reach at 11‚434 kg by the year 2022. The plant will create employment opportunities for 27 persons. Venom is a poison of animal origin usually restricted to poisons that are administered
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The theme of Hugh Garner’s “The Sound of Hollyhocks” concerns one of Canada’s most serious social problems. The theme suggests how condescension and discrimination can have devastating effects on the people around us. The story is set in Pinehills Clinic where alcoholics and psychotics are placed to recover. Wilf Armstrong‚ an alcoholic at the clinic‚ ends up with “Rock Hudson”‚ who is a psychotic at the hospital‚ as his roommate. “Rock Hudson”
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In the story “A Sound of Thunder‚” Ray Bradbury tells the tale of Eckles‚ a hunter‚ who went back in time to shoot a dinosaur. Set in the year 2055‚ the story ends with Eckles returning home after a dictator gets elected changing everything‚ which causes Travis‚ the safari guide‚ to shoot him. Through the character of Eckles‚ Bradbury takes a close look at Eckles’ attitude and their results. Bradbury demonstrates that having a careless attitude toward different circumstances will lead a person to
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generally said that the most significance from this song is to teach us not or even never to give up our dream what ever it takes we must try to reach it. If we see the significance of the song from the movie‚ there’s a lot of scene in the movie lead us to this song. First is Captain von Trapp’s dream to climb the mountain for searching a new life‚ he refuse to be a part of Nazi’s ARMY (NAVY) and climb the mountain with his family at the end of the movie scene. This song is pointed to Maria when she ran
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influences. Excluding the negative influences we can be seen on the TV‚ television is generally a helpful technology in delivering modern information. From Marie Winn’s essay"Television: The Plug-In Drug" has stated‚ "Yet parents have accepted a television-dominated family life so completely that they cannot see how the medium is involved in whatever problems they might be having." (467). This is just possibly an effect of how the parents have used a wrong way to take control of their children
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Sound of Waves Test Answer each of the following questions thoroughly. I will be grading on thoughtfulness and how well you explain your answer. For the factual questions‚ you just need to get it correct. This first section does not need as much explanation‚ you may give a short response. Why was Shinji’s mother angry when she first received Hiroshi’s post card? She was angry because Hiroshi had sent her an expensive post card‚ and she said "kids these days don’t know the value of money
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Is Homework Harmful Or Helpful? Sunny Tseng 40121242L As school starts and winter vacation ends‚ the return of students to the classroom is accompanied with the return of homework. Being your typical student who doesn’t like homework‚ the rise of assignments and project reports annoys and irritates me‚ making me question if it’s necessity of so much homework. Is homework an effective educational tool‚ or an unnecessary source of stress and burden on students? After thinking long and hard‚ I say
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concern whether pecking order or trade-off theory can give better determination on firms’ “optimal” capital structure in different scenarios. In trade-off theory‚ it helps to determine the debt proportion and maintain optimal balance in order to maximise company’s market value. However‚ pecking order theory promotes that companies tend to issue debts when company has internal financial deficit or deviation from target capital leverage. Hence‚ it shows mixed evidences such as Shyman-Sunder and Myers (1999)
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