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The Impact of Vertical Integration and Horizontal ...

The Impact of Vertical Integration and Horizontal ...

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1 Carlo Pozzi Philippe Vassilopoulos The Impact of Vertical Integration and Horizontal Diversification on the Value of Energy Firms Abstract We analyze the long-run return performance of 27 value-weighted equity portfolios

  Diversification, Horizontal, Integration, Vertical, Of vertical integration and horizontal, Of vertical integration and horizontal diversification

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