Abstract
Diversification is one of the principle strategies of company's growth. However, empirical studies for performance of diversification came up with different results. So, this study aimed to find correlation between diversification and growth for global contractors. Specifically, this study have been analyzed correlation between international diversification and revenue of global contractors in the aspect of period, company size, and core business sector. The result of the study verified that diversification of international business sectors is related to revenue growth and significantly different according to the size and the core business sector. Also, this study confirms a gradual decrease in correlation between international diversification and revenue for the past 19 years.
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