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Do shareholders of acquiring firms gain from acquisitions?

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NBER2003-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9523
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资源简介:
We examine a sample of 12,023 acquisitions by public firms from 1980 to 2001. Shareholders of these firms lost a total of $218 billion when acquisitions were announced. Though shareholders lose throughout our sample period, losses associated with acquisition announcements after 1997 are dramatic.
提供机构:
美国国家经济研究局
创建时间:
2003-03-01
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