Alliances motive and the stock market response: A comparative analysis across industries

We analyze the announcement-period returns of 4315 two-party, non-equity alliances undertaken by US-based firms between 1986 and 2015 in 11 industries and find positive returns for all of the 11 samples, with the Drug industry reporting the highest (2.69%) cumulative abnormal return (CARs) and Whole...

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Autores principales: Manish Tewari, Pradip Kumar Ramanlal, Rajesh Kumar, Soumendra De
Formato: article
Lenguaje:EN
Publicado: Taylor & Francis Group 2019
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Acceso en línea:https://doaj.org/article/c73c4807c4d847269878d2616eaecab4
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