The Effect of Diversification Strategy on the Financial Performance of the Manufacturing Companies of Tehran Securities Bourse

Authors

Abstract

In the recent years, the relationship between diversification and
performance became an important empirical subject in financial
management. Diversification strategies can affect the competitive
balance of an industry. In this survey we are to illustrate the
relationship between the two variables of diversification and financial
ratios as performance criteria based on accounting through statistical
tests. We use research based on correlation test. The results show that
using diversification strategy have no effect on manufacturing
companies.

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