Notice of RetractionIs diversification suitable for China´s business groups?

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

The rapid development of diversification strategy in China has attracted much attention. There are so many companies succeeded but more failed through diversification. Diversification is the main strategy of Chinese business groups and has much influence on the performance of enterprises. Based on the existing literature of this theme, this paper has synthesized some conclusions from domestics and overseas to find out the relationship between diversified strategy and performance. After the review on these articles, we can find that related diversification outperforms unrelated diversification and single business strategy. So it is very urgent for Chinese business groups to return to the core competency and to gain international competitiveness.