Angwin, Duncan - In: Advances in mergers and acquisitions : Vol. 6, (pp. 77-105). 2007
Why do managers continue to transact merger & acquisition (M&A) deals, in massive number and dollar terms, when so many are deemed to fail? This paradox is central to the study of M&A. Despite considerable research effort being devoted to refining and redefining assessments of M&A performance...