Effects of mergers and acquisitions: a critical survey of the empirical evidence
AbstractThe aim of this paper is to review the "state of the art" of empirical analysis on the subject of the effects of mergers and acquisitions. After a brief introduction I will present the conflicting evidence outlined, up to the mid eighties, by the Industrial Organization stream of analysis and the Financial Economics one; afterwards, the most important contributions emerged since then, innovative in terms of amount and type of data used and in terms of more accurate methodologies, will be presented. Finally, special attention will be devoted to the still scattered empirical evidence for Italy.
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Bibliographic InfoPaper provided by Institute for Economic Research on Firms and Growth - Moncalieri (TO) in its series CERIS Working Paper with number 200011.
Length: 36 pages Keywords : Mergers and Acquisitions.
Date of creation: Dec 2000
Date of revision:
Find related papers by JEL classification:
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Alessandro Sembenelli & Laura Rondi & Fabio Schiantarelli & Brian Sack, 1993. "Firms' Financial And Real Responses To Business Cycle Shocks And Monetary Tightening: Evidence For Large And Small Italian Companies," CERIS Working Paper 199305, Institute for Economic Research on Firms and Growth - Moncalieri (TO).
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