THE ECONOMIC ANALYSIS OF CONGLOMERATE FIRM GROWTH USING CONSTANT DOLLAR MEASURES.
Item
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Title
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THE ECONOMIC ANALYSIS OF CONGLOMERATE FIRM GROWTH USING CONSTANT DOLLAR MEASURES.
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Identifier
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AAI8119681
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identifier
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8119681
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Creator
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WONG, WAI.
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Contributor
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Ralph Nelson
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Date
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1981
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Language
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English
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Publisher
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City University of New York.
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Subject
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Economics, Commerce-Business
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Abstract
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Numerous studies have attempted to describe and analyze the characteristics of conglomerate firms. They have been frustrated, however, by the lack of detailed product and industry data for these companies. To accurately describe the conglomerate firm, data on individual product operations are necessary. Companies are in general not required to report such information however, and are understandably very careful in making it available. Although detailed data of this nature are required in reports to the Census Bureau, they are reported under strict guarantees of confidentiality.;To meet the growing need for more up-to-date and accurate product line data, several private data-gathering and disseminating companies emerged during the early 1960's. Using survey procedures that guarantee confidentiality, these companies were able to obtain, by enterprise, a listing of products by four-digit manufacturing SIC industries and the number of workers employed in each product line. In suitably summary form, these data are sold primarily to industrial marketing managers and are organized with the needs of such managers in mind.;It is the purpose of this study to use such data to describe and analyze conglomerate firms in a greater degree of detail than heretofore has been done. The product mix of the diversified firm and its change through time are examined. In addition, comparisons of product mix of different conglomerate firms are made.;The primary objectives of the present study are the development of current and constant dollar sales data by four-digit SIC industries for each of ten large diversified conglomerate companies. These data were then used to test several hypotheses about the relationship between sales growth and changes in the various structural characteristics of the companies.;The primary conclusion of this study, based on certain definitions and measures, is that efforts to increase its diversification by investing in industries more familiar than those available outside a firm's immediate economic and technological neighborhood can be expected to reward the firm with a faster growth rate.
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Type
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dissertation
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Source
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PQT Legacy CUNY.xlsx
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degree
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Ph.D.
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Program
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Economics
