TY - JOUR AU - Andrés Alonso, Pablo de AU - Fuente Herrero, Gabriel de la AU - Velasco González, María Del Pilar PY - 2017 SN - ISSN: 0929-1199 UR - http://uvadoc.uva.es/handle/10324/27516 AB - This paper analyzes whether the valuation effect of corporate diversification depends on how this strategy is implemented. According to the real options approach, two extreme diversification patterns may be identified: one based on full exercise of... LA - eng PB - Elsevier KW - Empresas-Finanzas KW - Corporate Finance KW - Corporate diversification KW - growth opportunities KW - firm value KW - investment strategy KW - self-selection TI - Does it really matter how a firm diversifies? Assets-in-place diversification versus options-based diversification DO - http://dx.doi.org/10.1016/j.jcorpfin.2017.01.011 ER -