THE CHOICE BETWEEN MERGERS/ACQUISITIONS
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JEAN-FRANCOIS HENNART; SABINE REDDY
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Article
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1997
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John Wiley and Sons
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English
โ 143 KB
๐ 2 views
This paper investigates the determinants of the choice between two alternative methods of pooling similar and complementary assets: the merger/acquisition and the greenfield equity joint venture. Two theories of the determinants of that choice are tested on a sample of Japanese investments in the Un