Mergers and acquisitions in the UK: A disaggregated analysis

被引:8
作者
Resende, M [1 ]
机构
[1] UNIV FED RIO DE JANEIRO,DEPT ECON,BR-22290 RIO JANEIRO,BRAZIL
来源
APPLIED ECONOMICS LETTERS | 1996年 / 3卷 / 10期
关键词
D O I
10.1080/135048596355835
中图分类号
F [经济];
学科分类号
02 ;
摘要
The time series properties of mergers and acquisitions are investigated in the UK at sectoral level for the period 1971:1-1989:4. Two main sets of results emerge: (1) 1971:1-1989:4 the degree of persistence to shocks is uniformly low across sectors; (2) shocks are predominately aggregate. These two sets of results indicate that further analysis relying on aggregate data and short-term explanatory factors may be relevant.
引用
收藏
页码:637 / 640
页数:4
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