Risk reduction through acquisitions: The roles of firm-specific investments and agency hazards
This paper provides a stakeholder-based rationale for firm risk reduction through diversification. While firm-specific investments from stakeholders are often important sources of firm competitive advantage and economic rents, there is a reduced incentive for stakeholders to make these investments d...
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| Main Authors: | , |
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| 格式: | text |
| 語言: | English |
| 出版: |
Institutional Knowledge at Singapore Management University
2006
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| 主題: | |
| 在線閱讀: | https://ink.library.smu.edu.sg/lkcsb_research/3259 |
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