Autore
Benfratello, Luigi

Titolo
Effetti delle fusioni e acquisizioni: una rassegna critica dell'evidenza empirica.
Periodico
CERIS-CNR. Working Paper
Anno: 2000 - Fascicolo: 11 - Pagina iniziale: 1 - Pagina finale: 40

The aim of this paper is to review the "state of the art" of empirical analysis on the subject of the effects of mergers and acquisitions. After a brief introduction I will present the conflicting evidence outlined, up to the mid eighties, by the Industrial Organization stream of analysis and the Financial Economics one; afterwards, the most important contributions emerged since then, innovative in terms of amount and type of data used and in terms of more accurate methodologies, will be presented. Finally, special attention will be devoted to the still scattered empirical evidence for Italy.



Testo completo: http://www.ceris.cnr.it/ceris/workingpaper/2000/wp11_00_Benfratello.PDF

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