Question: Under many circumstances, conglomerates display negative added value which implies that the conglomerate is pursuing a corporate strategy that destroys value. When considering why this
Under many circumstances, conglomerates display negative added value which implies that the conglomerate is pursuing a corporate strategy that destroys value. When considering why this negative added value exists, the most prominent and likely rationale includes: inability to empire build efficient internal capital markets internal and external capital market limitations. inefficient internal capital markets
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