The diversification discount
Subtitle: cash flows vs. returns
By: Owen A. Lamont, Christopher Polk.
Contributors: Polk, Christopher.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 7396; Working paper series (National Bureau of Economic Research) -- working paper no. 7396.
Publisher: National Bureau of Economic Research
Published: 1999
Place of publication: Cambridge, MA
Language: eng
Number of pages: 45
Subjects: Diversification in industry -- United States -- Econometric models.; Corporations -- Valuation -- United States -- Econometric models.; Cash flow -- United States -- Econometric models.; Rate of return -- United States -- Econometric models.
Other titles: Cash flows vs. returns
Notes: "October 1999."

JEL no. G12, G34.

Includes bibliographical references (p. 35-37).

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Electronic version available via the Internet at the NBER World Wide Web site.