A unified theory of forward- and backward-looking M&As and divestitures

Author:

Ma Qing1,Wang Susheng2

Affiliation:

1. School of Economics; Southwestern University of Finance and Economics; 555 Liutai Avenue Chengdu China

2. Department of Economics; Hong Kong University of Science and Technology; Clear Water Bay Hong Kong China

Funder

Central Policy Unit

Publisher

Wiley

Subject

General Economics, Econometrics and Finance,Accounting

Reference49 articles.

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2. Resetting the clock: The dynamics of organizational change and failure;Amburgey;Administrative Science Quarterly,1993

3. Risk reduction as a managerial motive for conglomerate mergers;Amihud;Bell Journal of Economics,1981

4. Using the capital market as a monitor: Corporate spinoffs in an agency framework;Aron;RAND Journal of Economics,1991

5. Diversification's effect on firm value;Berger;Journal of Financial Economics,1995

Cited by 2 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. What follows what?;Acquisitions and Corporate Strategy;2022-02-23

2. Divestiture of prior acquisitions: competing explanations of performance;Journal of Strategy and Management;2019-11-21

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