About | Contact Us | Register | Login
ProceedingsSeriesJournalsSearchEAI
Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China

Research Article

The Linear and Nonlinear Relationship between Diversification, Redundant Resources and Company Performance: Based on the Fixed effect Model and Threshold Model

Download365 downloads
Cite
BibTeX Plain Text
  • @INPROCEEDINGS{10.4108/eai.18-11-2022.2326927,
        author={Yiran  Xu},
        title={The Linear and Nonlinear Relationship between Diversification, Redundant Resources and Company Performance: Based on the Fixed effect Model and Threshold Model},
        proceedings={Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China},
        publisher={EAI},
        proceedings_a={ICEMME},
        year={2023},
        month={2},
        keywords={diversification; redundant resources; company performance; fixed effect model; threshold model},
        doi={10.4108/eai.18-11-2022.2326927}
    }
    
  • Yiran Xu
    Year: 2023
    The Linear and Nonlinear Relationship between Diversification, Redundant Resources and Company Performance: Based on the Fixed effect Model and Threshold Model
    ICEMME
    EAI
    DOI: 10.4108/eai.18-11-2022.2326927
Yiran Xu1,*
  • 1: School of Management Wuhan University of Technology
*Contact email: 523731701@qq.com

Abstract

China has entered the stage of constructing new normal economy, which provides a new strategy room for companies. In such a context, more companies begin to pay attention to their own market, and also regard diversification as an important chance to develop. Based on the empirical data of listed manufacturing companies in Shenzhen-Shanghai stock market from 2010 to 2019, this paper firstly used the balanced panel two-way fixed effect model to explore the linear influence between industry diversification and performance, making static analysis on the various types of redundant resources within the companies in the diversification and performance relationship of the regulatory role. Secondly regression model was applied to analyze the nonlinear relationship between diversification and company performance, using redundant resources as the threshold variable. Finally, the dynamical influence of redundant resources on the relationship between diversification and company performance has been discussed.

Keywords
diversification; redundant resources; company performance; fixed effect model; threshold model
Published
2023-02-15
Publisher
EAI
http://dx.doi.org/10.4108/eai.18-11-2022.2326927
Copyright © 2022–2025 EAI
EBSCOProQuestDBLPDOAJPortico
EAI Logo

About EAI

  • Who We Are
  • Leadership
  • Research Areas
  • Partners
  • Media Center

Community

  • Membership
  • Conference
  • Recognition
  • Sponsor Us

Publish with EAI

  • Publishing
  • Journals
  • Proceedings
  • Books
  • EUDL