Diversification, Refocusing, and Economic Performance

Utilizing a comprehensive data set from 250 leading Fortune 500 companies, the author examines the trend of corporate refocusing. The analysis highlights the reasons behind its rise, identifies the traits of companies engaging in this strategy, and explores the implications of refocusing on market value, profitability, and organizational structure. This study provides valuable insights into how refocusing can impact a firm's performance and strategic direction in today’s business landscape.