Synergies and Internal Agency Conflicts: The Double-Edged Sword of Mergers

Preprint

1 January 2003

preprint
Published by Elsevier in SSRN Electronic Journal

https://doi.org/10.2139/ssrn.396120

Abstract

This paper investigates the interaction between synergies and internal agency conflicts that emerges endogenously in multi-division firms. We model internal age

Keywords

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