The Impact of Economic Policy Uncertainty on Corporate Diversification: Evidence From Latin American Emerging Economies

dc.authorscopusid56582172400
dc.authorscopusid57217531598
dc.authorscopusid55896875500
dc.contributor.authorSener, P.
dc.contributor.authorSonmez, F.D.
dc.contributor.authorTigrel, E.
dc.date.accessioned2024-10-15T20:20:03Z
dc.date.available2024-10-15T20:20:03Z
dc.date.issued2022
dc.departmentOkan Universityen_US
dc.department-tempSener P., EDC Paris Business School, OCRE Lab, France; Sonmez F.D., Istanbul Bilgi University, Department of Economics, Turkey; Tigrel E., Istanbul Okan University, Department of Information Systems and Technology, Turkeyen_US
dc.description.abstractRecently a fast-growing strand of literature has focused on economic policy uncertainty (EPU) that has prominent impacts on the firms’ decisions. Diversification is one of the important strategies to cope with an unpredictable environment. This study investigates the impact of EPU on corporate diversification. By using 4, 253 firm-year observations from 3 Latin American emerging countries through the period of 2010–2016, the results show an inverse U-shaped relationship between EPU and diversification. The findings demonstrate that after reaching a certain level of EPU, further increases in EPU trigger firms to behave prudently and diversify less. This study contributes to the literature by exploring the possible nonlinear nature of EPU-diversification nexus on emerging countries. © (2022), (Economics Bulletin). All rights reserved.en_US
dc.description.woscitationindexEmerging Sources Citation Index
dc.identifier.citation0
dc.identifier.citationcount0
dc.identifier.endpage1123en_US
dc.identifier.issn1545-2921
dc.identifier.issue2en_US
dc.identifier.scopus2-s2.0-85216075651
dc.identifier.scopusqualityQ2
dc.identifier.startpage1110en_US
dc.identifier.volume42en_US
dc.identifier.wosWOS:001285848400044
dc.identifier.wosqualityN/A
dc.language.isoen
dc.language.isoenen_US
dc.publisherEconomics Bulletinen_US
dc.relation.ispartofEconomics Bulletinen_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.titleThe Impact of Economic Policy Uncertainty on Corporate Diversification: Evidence From Latin American Emerging Economiesen_US
dc.typeArticleen_US
dc.wos.citedbyCount0
dspace.entity.typePublication

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