Why are there merger waves?

Publication:
Why are there merger waves?

dc.affiliation.dpto	UC3M. Departamento de Economía de la Empresa	es
dc.contributor.author	Ocaña Pérez de Tudela, Carlos
dc.contributor.editor	Universidad Carlos III de Madrid. Departamento de Economía de la Empresa	en
dc.date.accessioned	2010-03-01T10:43:59Z
dc.date.available	2010-03-01T10:43:59Z
dc.date.issued	1994-07
dc.description.abstract	This paper develops a model of the timing of merger waves based on the investment opportunityı synergy (lOS) hypothesis. The model reveals some important weaknesses on the presumedı implications of IOS and suggests that changes in the institutional framework may be responsibleı for the long-term changes in merger activity. The analysis of FTC "Large Firm" Merger andı Acquisitions time series gives additional support to these conclusions.	en
dc.format.mimetype	application/pdf
dc.identifier.uri	https://hdl.handle.net/10016/7073
dc.language.iso	eng	en
dc.relation.ispartofseries	UC3M Working papers. Business Economics	en
dc.relation.ispartofseries	94-25-01	en
dc.rights	Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRights	open access
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.eciencia	Empresa	es
dc.subject.other	Merger waves	en
dc.subject.other	Investment opportunity synergy hypothesis	en
dc.title	Why are there merger waves?	en
dc.type	working paper	*
dspace.entity.type	Publication