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http://dx.doi.org/10.5659/JAIK_SC.2015.31.6.67

A Study of Correlation for Diversification and Growth of Global Contractors - Focusing on International Diversification and International Revenue -  

Sung, Yoo-Kyung (이화여자대학교 건축공학과 대학원)
Yi, June-Seong (이화여자대학교 건축공학과)
Choi, Seok-In (한국건설산업연구원)
Publication Information
Journal of the Architectural Institute of Korea Structure & Construction / v.31, no.6, 2015 , pp. 67-74 More about this Journal
Abstract
Diversification is one of the principle strategies of company's growth. However, empirical studies for performance of diversification came up with different results. So, this study aimed to find correlation between diversification and growth for global contractors. Specifically, this study have been analyzed correlation between international diversification and revenue of global contractors in the aspect of period, company size, and core business sector. The result of the study verified that diversification of international business sectors is related to revenue growth and significantly different according to the size and the core business sector. Also, this study confirms a gradual decrease in correlation between international diversification and revenue for the past 19 years.
Keywords
Diversification; Revenue; Contractors; International Construction Market;
Citations & Related Records
Times Cited By KSCI : 3  (Citation Analysis)
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