Faculty News | Economic Times (Bombay) | 20 Aug 2010
Global diversification: Anathema a decade ago, now a great strategy
Re: Tarun Khanna & Krishna G. Palepu
Harvard's Krishna Palepu and Tarun Khanna attempt to justify unrelated diversification in emerging markets by citing reasons like inefficiencies in capital and institutional markets, but the real reason are more at the firm level, with managers trying to harness new opportunities and safeguarding their organizations from downturns.

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