.... Originality/value This study contributes to the understanding of the impact of ownership structure on companies' diversification strategies in a transitional economy such as China. © Emerald Group Publishing Limited 2010 Corporate governance Diversification China Corporate ownership...

... Organizational structures Business development Corporate ownership Business groups have been known under various names across countries, such as the keiretsu in Japan, the chaebol in South Korea, grupos in Spain, the qiye jituan in mainland China, and business houses...