A Reference Point Theory of Mergers and Acquisitions
收藏NBER2009-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w15551
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资源简介：
The use of judgmental anchors or reference points in valuing corporations affects several basic aspects of merger and acquisition activity including offer prices, deal success, market reaction, and merger waves. Offer prices are biased towards the 52-week high, a highly salient but largely
提供机构：
美国国家经济研究局
创建时间：
2009-12-01
