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SSRNPortfolio & Allocation

Uncertainty Diversification's Misallocation Effects

The research highlights a paradox in corporate risk management, where firms' diversification efforts to hedge against risk result in reduced growth, equity value, and inefficient resource allocation.

Featured in No. 22 on 18 Oct 2023 · 28 days after release

Released
20 Sep 2023
First featured
No. 22 · 18 Oct 2023
Published in
Not yet, as far as Semantic Scholar knows
Shares when featured
2
Identifier
SSRN 4603819

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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