Round-Number Bidding as an M&A Strategy
Autor: | Tingyu Du, Marvin B. Lieberman |
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Rok vydání: | 2020 |
Předmět: | |
Zdroj: | Academy of Management Proceedings. 2020:14540 |
ISSN: | 2151-6561 0065-0668 |
DOI: | 10.5465/ambpp.2020.14540abstract |
Popis: | Round number initial offers are pervasive in many bargaining situations. We examine the prevalence and outcome of such offers in the market for merger and acquisition targets. We find that the prac... |
Databáze: | OpenAIRE |
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