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Study on the Relationship between Dominant Business and Performance of Diversified Enterprise
Author: LiLiangLiang
Tutor: LiSuiCheng
School: Xi'an University of Technology
Course: Management Science and Engineering
Keywords: Diversification Main business Highlight the main business level Diversified performance
CLC: F272
Type: Master's thesis
Year: 2005
Downloads: 349
Quote: 1
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Abstract
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Historical practice shows that the growth of foreign enterprises in developed countries , diversity is an important way for enterprises to achieve sustained growth in today 's increasingly competitive market , Chinese enterprises how to implement diversity has become an urgent critical issues . In the many factors affecting the diversification , diversification of Chinese enterprises to analyze the problem from the perspective of the main business . Describe the main business of the diversified businesses operating conditions , this paper defines the prominent main business level of this indicator to reflect the degree of attention of the main business and enterprise resources invested in the main business centralization and decentralization , Also prominent main business, the best measure of the level of He Fenda index . Selected 149 Chinese listed companies on the basis of theoretical analysis on the main business , empirical studies of diversified enterprises the main business and operating performance , the conclusion : prominent main business level and the diversification performance is not a simple linear relationship exists in the majority of enterprises in China as a whole relatively weaker case , the enterprises, especially should pay attention to the main business, to focus resources on the main business , take a prominent main business growth model can achieve more good performance , and enterprise development is more mature, strong comprehensive strength , the main business is prominent not become the main factors of diversification performance ; main business operating performance and diversified operating performance is positively correlated with the diversification of risk negative correlation , the main business is an important guarantee for the success of diversification , play an important role in reducing the risk of diversification . However , the high growth rate but also increase the risk of diversification .
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CLC: > Economic > Economic planning and management > Enterprise economy > Enterprise planning and management decision - making
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