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Debt and Corporate Performance: Evidence from Unsuccessful Takeovers

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NBER1997-06-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w6068
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资源简介:
This paper examines how debt affects firms following failed takeovers. Using a sample of 573 unsuccessful takeovers, we find that, on average, targets significantly increase their debt levels. Targets that increase their debt levels more than the median amount reduce their levels of capital
提供机构:
美国国家经济研究局
创建时间:
1997-06-01
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