Effectiveness of Diversification Strategies for Ensuring Financial Sustainability of Construction Companies in the Republic of Korea

Effectiveness of Diversification Strategies for Ensuring Financial Sustainability of Construction Companies in the Republic of Korea

Construction companies recognize diversification as a strategy for ensuring financial sustainability. Hence, the aim of this study was to analyze the dynamic relationship between business diversification and business performance of construction companies using the vector error correction model. The...

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Bibliographic Details
Main Authors: Manchun Han, Sanghyo Lee, Jaejun Kim
Format: Article
Language:English
Published: MDPI AG 2019-05-01
Series:Sustainability
Subjects:
financial sustainability
effectiveness
diversification
business performance
Vector Error Correction Model
Kealhofer
McQuown and Vasicek (KMV) model
Korea
Online Access:https://www.mdpi.com/2071-1050/11/11/3076

Internet

https://www.mdpi.com/2071-1050/11/11/3076

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