The performance and motivation of serial acquisitions: Evidence from Australia
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DOI: 10.1016/j.irfa.2021.101827
Abstract: Abstract Using 2696 acquisition announcements reported in Australia between 2000 and 2016, we document lower stock returns but higher risk for deals made by serial acquirers compared to those made by single acquirers after controlling… read more here.
Keywords: motivation; performance motivation; serial acquisitions; acquisitions evidence ... See more keywords