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Corporate Growth and Diversification (Paperback)
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Corporate Growth and Diversification (Paperback)
Series: Princeton Legacy Library
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As an increasing number of large corporations branch out into many
fields of industry, public concern over the lateral extension of
their power is aroused. Arguing that entry by large firms into
concentrated industries may instead stimulate competition, Charles
H. Berry analyzes the effect that such diversification has on
corporate growth and on the structure and functioning of industrial
markets. To identify a relationship between the growth of large
corporations and the pattern of their diversifying activities,
Professor Berry examines 460 of the largest U.S. industrial
corporations. In tracing the effects of their entry into some 200
manufacturing industries, he develops new and striking evidence of
the protected position of leading firms in concentrated industries,
a position that can be effectively undermined by the
diversification of more powerful corporations into these
industries. Originally published in 1975. The Princeton Legacy
Library uses the latest print-on-demand technology to again make
available previously out-of-print books from the distinguished
backlist of Princeton University Press. These editions preserve the
original texts of these important books while presenting them in
durable paperback and hardcover editions. The goal of the Princeton
Legacy Library is to vastly increase access to the rich scholarly
heritage found in the thousands of books published by Princeton
University Press since its founding in 1905.
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