Wealth destruction on a massive scale ? a study of acquiring-firm returns in the recent merger wave
Acquiring-firm shareholders lost 12 cents around acquisition announcements per dollar spent on acquisitions for a total loss of $240 billion from 1998 through 2001, whereas they lost $7 billion in all of the 1980s, or 1.6 cents per dollar spent. The 1998 to 2001 aggregate dollar loss of acquiring-firm shareholders is so large because of a small number of acquisitions with negative synergy gains by firme with extremely high valuations..Printed Journal
Ketersediaan
Call Number | Location | Available |
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| PSB lt.dasar - Pascasarjana | 1 |
Penerbit |
The American Finance Association.,
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Edisi |
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ISBN/ISSN |
00221082 |
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Deskripsi Fisik |
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Info Detail Spesifik |
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