Table A1
Distribution of sample firms across years
Year
Total number of firms in the sample
Total number of unrelated diversified firms in the sample
1980
58
18
1981
63
17
1982
69
19
1983
72
21
1984
73
21
1985
77
23
1986
77
23
1987
73
22
1988
70
22
1989
67
22
1990
86
27
1991
68
22
1992
72
22
1993
78
27
1994
92
30
1995
92
30
1996
91
29
1997
92
28
1998
94
30
1999
91
28
2000
93
28
2001
51
17
2002
48
16
2003
53
21
2004
79
25
2005
93
28
2006
97
25
2007
112
30
2008
83
20
2009
93
21
2010
60
15
Year
Total number of firms in the sample
Total number of unrelated diversified firms in the sample
1980
58
18
1981
63
17
1982
69
19
1983
72
21
1984
73
21
1985
77
23
1986
77
23
1987
73
22
1988
70
22
1989
67
22
1990
86
27
1991
68
22
1992
72
22
1993
78
27
1994
92
30
1995
92
30
1996
91
29
1997
92
28
1998
94
30
1999
91
28
2000
93
28
2001
51
17
2002
48
16
2003
53
21
2004
79
25
2005
93
28
2006
97
25
2007
112
30
2008
83
20
2009
93
21
2010
60
15
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