Risk Reduction as a Managerial Motive for Conglomerate Mergers

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DOI:10.2307/3003575
作者：Y. Amihud, B. Lev
文献类型：期刊论文
补充材料：只需要正文
文献链接：https://doi.org/10.2307/3003575

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Abstract：A conglomerate merger generally leads, through the diversification effect, to reduced risk for the combined entity. As is well known, in perfect capital markets such risk reduction will not

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