Corporate Acquisitions, Diversification, and the Firm's Lifecycle
收藏NBER2011-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17463
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资源简介：
Lifecycle theories of mergers and diversification predict that firms make acquisitions and diversify when their internal growth opportunities become exhausted. Free cash flow theories make similar predictions. In contrast to these theories, we find that the acquisition rate of firms (defined as the
提供机构：
美国国家经济研究局
创建时间：
2011-09-01
