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The Bright Side of Corporate Diversification: Evidence from Internal Labor Markets
We document differences in human-capital deployment between diversified and focused firms. We find that diversified firms have higher labor productivity and that they redeploy labor to industries with better prospects in response to changing opportunities. The opportunities and incentives provided i...
| Autores principales: | , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
Oxford University Press
2015
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4762155/ https://www.ncbi.nlm.nih.gov/pubmed/26924889 http://dx.doi.org/10.1093/rfs/hhv012 |