Does partnering pay off? Stock Market Reactions to Alliance Announcements in Germany

Using event study methodology, this paper tests whether stock market reactions differ when an alliance formation or termination is announced. In addition, the study provides an in-depth analysis of potential determinants of stock market reactions to alliance formation announcements.

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Year of publication:	2004-05-05
Authors:	Socher, Carolin
Publisher:	Universität <München> / Fakultät für Betriebswirtschaft
Subject:	Unternehmensbewertung \| Aktienmarkt \| Strategische Allianz \| Erwartung

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Extent:	109568 bytes 32 p. application/pdf
Series:	Universität München - Fakultät für Betriebswirtschaft - Publikationen Münchener betriebswirtschaftliche Beiträge ; 5 (2004)
Type of publication:	Book / Working Paper
Language:	English
Classification:	D23 - Organizational Behavior; Transaction Costs; Property Rights ; G14 - Information and Market Efficiency; Event Studies ; L22 - Firm Organization and Market Structure: Markets vs. Hierarchies; Vertical Integration ; Strategic management ; Empirical research. of corporate finance and investment policy ; valuation of an enterprise ; Individual Working Papers, Preprints ; Germany. General Resources
Source:	USB Cologne (business full texts)

Persistent link: https://www.econbiz.de/10005846093