Scanlon, Kevin P; Trifts, Jack W; Pettway, Richard H - In: Journal of Financial Research 12 (1989) 2, pp. 103-12
The premise of this paper is that in mergers the manageability of acquisitions significantly affects the wealth of shareholders of acquiring firms. Specifically, the relative size of partners as well as the industrial relatedness of the two firms are examined. The test period allows for the...