Diversification Paradox and Uncertainty Allocation
Firms diversify investments into various industries to mitigate risks, but this can result in decreased growth, equity value, and financial constraint, leading to inefficient resource allocation and a drop in overall productivity.
Featured in No. 17 on 28 Sep 2023 · 8 days after release
- Released
- 20 Sep 2023
- First featured
- No. 17 · 28 Sep 2023
- Published in
- Not yet, as far as Semantic Scholar knows
- Shares when featured
- 8
- Identifier
- SSRN 4584025
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