Title: A refinement of the entropy measure of firm diversification: Toward definitional and computational accuracy
Abstract:The entropy measure of firm diversification is refined to improve its precision. The concept of diversification is defined and the measure is modified to reflect its dimensions—the extent of diversifi...The entropy measure of firm diversification is refined to improve its precision. The concept of diversification is defined and the measure is modified to reflect its dimensions—the extent of diversification across segments (distribution) and the number of segments in which a firm operates. The refined measure makes it possible to better understand equivalences among firms with different diversification profiles.Read More
Publication Year: 1995
Publication Date: 1995-01-01
Language: en
Type: article
Indexed In: ['crossref']
Access and Citation
Cited By Count: 41
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