Agency Costs in Small Firm Acquisitions by Dan Jordan

Agency Costs in Small Firm Acquisitions

Dan Jordan

308 pages missing pub info (editions)

nonfiction business economics
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Description

This event study examines small Russell 2000 firms acquired during the two years ending June 30, 2001. This study tests whether bidders highly value sales or assets (the agency hypothesis) or profits/cash flows (the alternative hypothesis). This s...

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