Saturday, April 19, 2014



Soy un nuevo usuario

Olvidé mi contraseña

Entrada usuarios

Lógica Matemáticas Astronomía y Astrofísica Física Química Ciencias de la Vida
Ciencias de la Tierra y Espacio Ciencias Agrarias Ciencias Médicas Ciencias Tecnológicas Antropología Demografía
Ciencias Económicas Geografía Historia Ciencias Jurídicas y Derecho Lingüística Pedagogía
Ciencia Política Psicología Artes y Letras Sociología Ética Filosofía

The determinants of merger waves: An international perspective

1) La descarga del recurso depende de la página de origen
2) Para poder descargar el recurso, es necesario ser usuario
    registrado en Universia

  Descargar recurso

Detalles del recurso

Pertenece a: ePub-WU OAI Archive (Vienna Univ. of Econ. and B.A.)  

Descripción: One of the most conspicuous features of mergers is that they come in waves that are correlated with increases in share prices and price/earnings ratios. We use a natural way to discriminate between pure stock market influences on firm decisions and other influences by examining merger patterns for both listed and unlisted firms. If "real" changes in the economy drive merger waves, as some neoclassical theories of mergers predict, both listed and unlisted firms should experience waves. We find significant differences between listed and unlisted firms as predicted by behavioral theories of merger waves. (author's abstract)

Autor(es): Gugler, Klaus -  Mueller, Dennis C. -  Weichselbaumer, Michael - 

Id.: 55149475

Idioma: inglés  - 

Versión: 1.0

Estado: Final

Tipo:  application/pdf - 

Palabras claveJEL L2, G3 - 

Tipo de recurso: Article  -  PeerReviewed  - 

Tipo de Interactividad: Expositivo

Nivel de Interactividad: muy bajo

Audiencia: Estudiante  -  Profesor  -  Autor  - 

Estructura: Atomic

Coste: no

Copyright: sí

Formatos:  application/pdf - 

Requerimientos técnicos:  Browser: Any - 

Relación: [References]

Fecha de contribución: 04-abr-2012


* doi: 10.1016/j.ijindorg.2011.04.006

Otros recursos del mismo autor(es)

  1. An Empirical Assessment of the 2004 EU Merger Policy Reform Based on a database of 368 merger cases scrutinized by the European Commission (EC) between 1990 and...
  2. Institutional determinants of domestic and foreign subsidiaries' performance This article investigates the determinants of subsidiaries' profitability using a unique dataset of ...
  3. The Internal Workings of Internal Capital Markets: Cross-Country Evidence We derive empirical predictions from the standard investment-cash flow framework on the functioning ...
  4. A critical appraisal of the European Commission´s policy towards regulating next generation communications networks Fiber-deployment of telecommunications networks is currently a great challenge for sector-specific r...
  5. Cross-Border Mergers and Domestic Wages: Integrating Positive 'Spillover' Effects and Negative 'Bargaining' Effects The existing literature concerning the impact of cross-border merger activity on domestic wages can ...

Otros recursos de la misma colección

  1. Public Funding and Its Impact on Nonprofit Advocacy This article aims to contribute to the long-standing discussion about nonprofit organizations' (NPOs...
  2. The Impact of Fiscal Austerity on Suicide: On the Empirics of a Modern Greek Tragedy Suicide rates in Greece (and other European countries) have been on a remarkable upward trend follow...
  3. Does Integration and Economic Policy Coordination Promote Business Cycle Synchronization in the EU? Previous studies have discounted important factors and indirect channels that might contribute to bu...
  4. Deriving Consensus Ratings of the Big Three Rating Agencies This paper introduces a model framework for dynamic credit rating processes. Our framework aggregate...
  5. How Collaborative Technology Supports Cognitive Processes in Collaborative Process Modeling: A Capabilities-Gains-Outcome Model We examine which capabilities technologies provide to support collaborative process modeling. We dev...

Valoración de los usuarios

No hay ninguna valoración para este recurso.Sea el primero en valorar este recurso.

Busque un recurso