Effects of diversified strategic resource configuration on corporate performance: Evidence from listed companies in pharmaceutical and biotech industry in China

@article{Yan2012EffectsOD,
  title={Effects of diversified strategic resource configuration on corporate performance: Evidence from listed companies in pharmaceutical and biotech industry in China},
  author={Y. -P. Yan and Zhao Juan-juan and Chen Shou and Sun Hui},
  journal={2012 International Conference on Management Science & Engineering 19th Annual Conference Proceedings},
  year={2012},
  pages={467-474}
}
Without a clear consensus of the relationship between diversification strategy and corporate performance, this paper, with annual financial report data of listed companies in pharmaceutical and biotech industry in China from the year 2003 to the year 2009 as sample, investigated the impact and the timing lag of diversified resources configuration, namely, focus level, related diversification level and vertical integration level, on corporate performance, using the polynomial distributed lag… CONTINUE READING