Empirical Analysis on the Effect of Business Diversification on Enterprise´s Financial Risk
Authors
Ran Wei
Corresponding Author
Ran Wei
Available Online May 2018.
- DOI
- 10.2991/icmesd-18.2018.6How to use a DOI?
- Keywords
- Diversification, Financial risk, Debt financing, Equity financing.
- Abstract
As one of the most important growth modes of modern enterprise development, diversification has always been the focus of research in the field of strategic management. Diversification can improve the market value of the enterprises by making full use of their internal advantages. However, diversification is a double-edged sword, diversification of expansion will bring positive effects and brings corresponding risks to the enterprise. This paper uses the empirical analysis method, based on the internal financial data, to analyze the impact of diversification on financial risk.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Ran Wei PY - 2018/05 DA - 2018/05 TI - Empirical Analysis on the Effect of Business Diversification on Enterprise´s Financial Risk BT - Proceedings of the 4th Annual International Conference on Management, Economics and Social Development (ICMESD 2018) PB - Atlantis Press SP - 35 EP - 40 SN - 2352-5428 UR - https://doi.org/10.2991/icmesd-18.2018.6 DO - 10.2991/icmesd-18.2018.6 ID - Wei2018/05 ER -