An explanation of bidder returns in corporate acquisitions: the case of Japanese acquisitions of U.S. firms

Over the past three decades researchers have found a dramatic drop in the returns generated by acquiring firms in domestic acquisitions, dropping to a level insignificantly different from zero during the 1980s. In this paper we find this not to be the case for Japanese firms that acquire domestic U....

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Veröffentlicht in:Japan and the world economy 1995-07, Vol.7 (2), p.145-154
Hauptverfasser: Guo, Enyang, Keown, Arthur J., Sen, Nilanjan
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Sprache:eng
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