The effects of activity and geographic diversification on performance: Evidence from French financial institutions

Jouida, Sameh; Bouzgarrou, Houssam; Hellara, Slaheddine

doi:10.1016/j.ribaf.2016.01.028

Cited by 26 publications

(13 citation statements)

References 50 publications

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“…Given these obstacles, a pharmaceutical company would need sophisticated global transferability of scientific expertise, international management skills, and unique strategic strategy for each country. 46 Even though the International Committee for the Harmonization of Technical Requirements for Pharmaceutical Products for Human Use (ICH) is working on legal context harmonization to adapt to the globalization of developing drugs, processing, and delivery. As a result, finding a one-size-fits-all answer in all regions appears to be very difficult.…”

Section: Discussionmentioning

confidence: 99%

Pharmaceutical Camel Products; Marketing Strategies for Successful International Penetration

Aliedan¹,

Alyahya²,

Dhruvakumar³

et al. 2021

IJPER

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Background: This research aimed at how Saudi Arabia can be the global giant producer of pharmaceutical camel products using strategies for successful international penetration. In certain areas of Asia and Africa camel milk, urine, skin, and intestines are used as medicine from ancient days. Camel milk is the source of Vitamin C, B1, and B2. Heparin and gelatin are also extracted from the intestine and skin of the camel, respectively. While it is widely acknowledged that pharmaceutical companies are rapidly internationalizing. Much research on internationalization exists, but none of them concentrate pharma companies. Methods: As a result, we examine the current state towards internationalization, as well as the feasibility of an international policy, with a sample of 30 global pharmaceutical companies. For the eight years, we had collected data on total sales and regional drug revenues, as well as marketing, general, and administrative expenses. The Microsoft office 365 and IBM SPSS statistical program for Windows, edition 26.0, was used to perform all statistical calculations in this report. Results: Camel are pharmaceutically important animal and has great contribution in economy. Many Pharmaceutical companies in their home regions switched to being multinational, their TS remained unchanged from 2010 to 2017 (Paired t-test, p = 0.352). However, companies that stayed focused on their home area increased their TS between 2010 and 2017 (Paired t-test, p = 0.053). Expansion of Asia-Pacific and Others have a inverse impact on the expansion of Total Sales (home-region-oriented: p < 0.05, r = -0.629; global: p = 0.161 r = -0.313), Although the development of North America, on the other hand, had a direct correlation with the growth of Total sales (home-region-oriented: p < 0.01, r = 0.818; global: p = 0.094, r = 0.408). Conclusion: This paper contributes to the awareness of the importance of camel's pharmaceutical products and international penetration strategies of pharmaceutical companies.

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Section: Discussionmentioning

confidence: 99%

Pharmaceutical Camel Products; Marketing Strategies for Successful International Penetration

Aliedan¹,

Alyahya²,

Dhruvakumar³

et al. 2021

IJPER

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“…It is precisely the performance of assets that, independently of their financing, generally determines whether or not a company is viable in economic terms. This variable has also been used widely in many prior studies examining both the individual effects of GD on performance (e.g., Benito-Osorio et al, 2016; Contractor et al, 2003; Lu & Beamish, 2004; Stadler et al, 2018) and the joint effects of PD and GD (e.g., Geringer et al, 1989; Hitt et al, 1997; Jouida et al, 2017; Kang & Lee, 2014).…”

Section: Methodsmentioning

confidence: 99%

“…As also noted above, the empirical evidence on the moderating role PD has on geographically diversified firms has also been contradictory. This happens both in the case of large corporations (e.g., Geringer et al, 1989; Hitt et al, 1997; Jouida et al, 2017; Kumar, 2009) and small ones (Li et al, 2012; Muñoz-Bullón & Sánchez-Bueno, 2011; Qian, 2002). Following to Chang and Wang (2007) and Li et al (2012), a clear distinction is made here between both PD strategies (related vs. unrelated) that SMEs could also implement, as these strategies may have significant contrasting effects on firm performance.…”

Section: Theory and Hypothesesmentioning

confidence: 99%

“…However, the extant empirical evidence is inconclusive. While some studies have found that PD positively enhances the performance of internationally diversified firms (e.g., Chang et al, 2016;Hitt et al, 1997;Jouida et al, 2017), other studies have reported a negative joint effect (e.g., Denis et al, 2002;Kumar, 2009;Oh et al, 2015;Qian, 2002). There are also a handful of studies that fail to find any significant interaction (e.g., Geringer et al, 1989;Tallman & Li, 1996;Wan, 1998) or even obtain mixed results (e.g., Chang & Wang, 2007;Geringer et al, 2000;Wan & Hoskisson, 2003).…”

Section: Introductionmentioning

confidence: 99%

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The combined effects of product and geographical diversification on performance: Evidence in manufacturing SMEs

Benito‐Osorio

Colino

Guerras‐Martín

et al. 2020

BRQ Business Research Quarterly

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This study explores both the individual impact of geographical diversification and its effect combined with product diversification on small and medium-sized enterprises’ (SMEs) performance. Unlike most prior studies, this study distinguishes between related and unrelated product diversification. The research setting is a sample of manufacturing SMEs (1994–2014). By using dynamic panel data models, the results provide statistical support for the existence of a horizontal S-shaped relationship between geographical diversification and performance. The findings also indicate that while related product diversification positively enhances the performance of those SMEs engaged in geographical diversification (albeit not indefinitely), unrelated product diversification may significantly impair it, especially for SMEs opting for low and high levels of international diversification. Our study reveals that product and international diversification strategies in the case of SMEs are complementary or substitutive strategies depending on the specific type of product diversification strategy and the level of geographical diversification adopted. JEL CLASSIFICATION: F23; L25; M16

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“…Alongside the positive effects, adverse implications on performance have been identified (Mazur & Zhang, 2015;Denis et al, 2002;and Jouida et al, 2017). These authors argue that corporate diversification costs may outweigh the diversification benefits.…”

Section: Literature Reviewmentioning

confidence: 99%

Geographical Diversification Effects on Banks’ Performance: Evidence from Islamic Banks of some Selected Countries

Zoghlami

2020

jabminternational

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This paper investigates the impact of geographic diversification onthe performance of Islamic banks. Using an unbalanced panel dataset of 54 Islamic banksimplemented in the GCC and Southeast Asia regions, during the 2004-2016 period,the core question is to analyze the effect of both diversification intra and beyond homecountries on Islamic banks credit risk, stability, and profitability. This research assertsthat geographical diversification within the home country seems to enhance Islamic bankstability, profitability but does not improve loan quality. More pronounced results arereported when banks expand intra and beyond the home country frontier. These findingsare consistent with the view that geographic expansion helps to strengthen stabilitythrough diversification of the specific region risk, but the related loan growth makes itmore difficult to assess and monitor credit risk. These findings have strategic implicationsfor bank managers, regulators, and supervisors about the consequences of Islamic bankgeographic expansion.

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The effects of activity and geographic diversification on performance: Evidence from French financial institutions

Cited by 26 publications

References 50 publications

Pharmaceutical Camel Products; Marketing Strategies for Successful International Penetration

Pharmaceutical Camel Products; Marketing Strategies for Successful International Penetration

The combined effects of product and geographical diversification on performance: Evidence in manufacturing SMEs

Geographical Diversification Effects on Banks’ Performance: Evidence from Islamic Banks of some Selected Countries

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