The Costs of Conflict Resolution and Financial Distress: Evidence from the Texaco-Pennzoil Litigation
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下载链接：
https://www.nber.org/papers/w2418
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资源简介：
This paper uses data on the abnormal returns earned by the shareholders of Texaco and Pennzoil to examine whether resources were "lost" in the course of the litigation. We find that the leakage involved in the forced transfer is enormous: each dollar of value lost by Texaco's shareholders has been
提供机构：
美国国家经济研究局
创建时间：
1987-10-01
