A Clinical Exploration of Value Creation and Destruction in Acquisitions: Organizational Design, Incentives, and Internal Capital Markets
收藏NBER1997-04-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w5999
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资源简介:
This paper presents clinically-based studies of two acquisitions that received very different stock market reactions at announcement one positive and one negative. Despite the differing market reactions, we find that ultimately neither acquisition created value overall. In exploring the reasons for
提供机构:
美国国家经济研究局
创建时间:
1997-04-01



