Organization capital and mergers and acquisitions
Using a sample of completed U.S. acquisition deals over the period 1984–2014, we find that acquirer organization capital as measured by capitalized selling, general, and administrative (SG&A) expenses is associated with superior deal performance. We show that high organization-capital acquirers...
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格式: | Article |
語言: | English |
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2019
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在線閱讀: | https://hdl.handle.net/10356/81315 http://hdl.handle.net/10220/47617 |
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