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Management studies for decades have focused attention on the topic of diversification. The book illustrates from a theoretical perspective the concept of diversification and reviews the main contributions on diversification strategy. In addition, the work studies the impact of diversification on the business of Italian companies, seeking to make a contribution in terms of managerial implications.
In the economic environment firms born and die. The development of start-ups is essential for the growth of the whole economy. The present book analyses the role of financial and legal local systems on new firms¿ access to external sources of finance and their consequential capacity to get growth opportunities. The findings evidence the importance of local financial development for start-ups¿ capital structure decisions, providing a useful advice in order to improve financial institutions.
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