Diversification strategies in business groups in Turkey

This research attempts to examine the economic importance and diversification strategies of business groups in Turkey. To this end business groups that have emerged in the pre-1980, 1980-1990 and post-1990 liberalization periods are compared with each of them. The aim of this research is to reveal diversification levels of business groups in Turkey. Our findings show that pre-1980 and post-1980 business groups are differentiated in the extent of unrelated diversification. Finally, this research is to explain diversification strategies of Turkish business groups within a theoretical framework and to prepare a ground for future empirical research.Key Words: Diversification strategies, economic politics, business groups, pre-1980 and post-1980 terms.