Long-run post merger stock performance of UK acquiring firms: A stochastic dominance perspective
(2005)
Journal Article
Abhyankar, A., Ho, K., & Zhao, H. (2005). Long-run post merger stock performance of UK acquiring firms: A stochastic dominance perspective. Applied financial economics, 15(10), 679-690. https://doi.org/10.1080/09603100500065305
Using the idea of stochastic dominance, the long-run post-merger stock performance of UK acquiring firms is studied. Performance is compared by using the entire distribution of returns rather than only the mean as in traditional event studies. The ma... Read More about Long-run post merger stock performance of UK acquiring firms: A stochastic dominance perspective.