Acquired versus non-acquired Greek firms : a test of two limited - dependent models
Part of : Σπουδαί : journal of economics and business ; Vol.47, No.3-4, 1997, pages 214-248
Issue:
Pages:
214-248
Author:
Abstract:
Merger activity in the decade of 1980's is known as the so-called merger fever or merger mania. The "incorrigible twins" of acquired and non-acquired firms, and, secondarily, of acquiring and acquired firms appear to be prevalent in the literature. Although the phenomenon is with no boundaries, it is mainly examined in US and UK. Greek evidence highlights the situation in a specific country, and adds empirical findings in the literature. Although the investigation is in a far different business environment, empirical findings are very close to their own counterparts in some respects. Current ratio, long-term debt, and inventory to sales prevail in the discrimination of acquired versus non-acquired Greek firms.
Subject (LC):
Notes:
Περιέχει πίνακες, παραρτήματα και βιβλιογραφία
