The Q-Theory Of Mergers
- Topics:
- Mergers
- Source:
- New York University
FREE Registration is required
Overview: The Q-theory of investment says that a firm’s investment rate should rise with its This paper argues that this theory also explains why some firms buy other firms. It discusses about that two distinct used-capital markets, mergers as used-capital trades and prior evidence. It induces the estimates of investment and acquisitions equations from that model. It talks about merger waves as reallocation waves.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 273KB | Date: Jan 2002 | Pages: 13





