Which of the following do you believe is the primary reason for over diversification?

Which of the following do you believe is the primary reason for over diversification? Industrial policies, such as taxes and antitrust regulation, or because managers pursue their own self-interest through increased compensation and a reduced risk of job loss. Explain your answer.

I think there are various reasons of over diversification in industries. But if we have tochoose one primary reason in these two – it can be related to industrial policies like taxes and...