Integration problems and turnaround strategies in a cross-border merger A clinical examination of the Pharmacia-Upjohn merger

International Review of Financial Analysis - Tập 9 - Trang 219-234 - 2000
Terry Belcher1,2, Lance Nail2
1Department of Finance and Accounting, Auburn University at Montgomery, 7300 University Dr., Montgomery, AL 36117–3596, USA
2School of Business, University of Alabama at Birmingham, Birmingham, AL 35294, USA

Tài liệu tham khảo

Baily, 1972, Research and development costs and returns, Journal of Political Economy, 80, 70, 10.1086/259862 Barber, 1997, Detecting long-run abnormal stock returns, Journal of Financial Economics, 43, 341, 10.1016/S0304-405X(96)00890-2 Bradley, 1988, Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms, Journal of Financial Economics, 21, 3, 10.1016/0304-405X(88)90030-X Comanor, 1986, The political economy of the pharmaceutical industry, Journal of Economic Literature, 24, 1178 Harris, 1991, The role of acquisitions in foreign direct investment, Journal of Finance, 46, 825, 10.2307/2328544 Reekie, 1978, Price and quality competition in the U.S. drug industry, Journal of Industrial Economics, 26, 223, 10.2307/2097866 Maquieira, 1998, Wealth creation versus redistributions in pure stock-for-stock mergers, Journal of Financial Economics, 48, 3, 10.1016/S0304-405X(98)00002-6 Zweifel, 1997