[ID.sub.it] = the degree of international diversification
"Following the fluctuation in global real estate markets, there are now major opportunities for Middle East buyers to look at international diversification
of their property portfolios,"
Most SWFs adopt a very conservative investment approach that focuses on international diversification
by region and by asset class
Chief executive James Henderson said: "It's been a good performance in 2014, driven by both the continued development of our UK-facing operations and our international diversification
, together with a successful World Cup."
"In this current environment, Bank of Beirut's international diversification
strategy provided an excellent hedge against regional pressures.
"Bank of Beirut's international diversification
strategy produced a powerful hedge against slower growth in the region.
This observed lack of international diversification
is commonly referred to as home bias.
In an era of sluggish domestic growth, the business spotlight is once again turning to international diversification
as a means to harness global growth opportunities and production efficiencies.
This international diversification
is unique to us compared to other peer-to-peer lending services as it allows investors to benefit from the different interest rates across the Eurozone.
By borrowing from the resource-based theory, authors in the strategic management literature seem to have found a general consensus about the performance implications of business diversification, where a 'business' may refer both to a product (product diversification) or a geographic area in which the firm is operative (international diversification
Rusal opposes product and international diversification
. A discussion on long-term strategy by Norilsk's BoD was another
Furthermore, increased learning and innovation are a result derived from firms' economies of scope gained through international diversification
(Kochhar and Hitt, 1995).