Abstract
Empirical studies repeatedly suggest that mergers on average do not create the wealth which CEOs promise (see e.g. Travlos, 1987; Andrade et al., 2001; Moeller et al., 2005; Gaughan, 2007; Martynova and Renneboog, 2008).
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© 2013 Boyana N. Petkova and Killian J. McCarthy
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Petkova, B.N., McCarthy, K.J. (2013). Personality. In: Understanding Mergers and Acquisitions in the 21st Century. Palgrave Macmillan, London. https://doi.org/10.1057/9781137278074_9
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DOI: https://doi.org/10.1057/9781137278074_9
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