A Re-Examination of the Conglomerate Merger Wave in the 1960s: An Internal Capital Markets View
收藏NBER1998-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6539
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资源简介：
One possible explanation that bidding firms earned positive abnormal returns in diversifying acquisitions in the 1960s is that internal capital markets were expected to overcome the information deficiencies of the less developed capital markets. Examining 392 bidder firms during the 1960s, we find
提供机构：
美国国家经济研究局
创建时间：
1998-04-01
