Abstract: The Journal of FinanceVolume 30, Issue 4 p. 1003-1014 Article AN EMPIRICAL TEST FOR SYNERGISM IN MERGER Robert A. Haugen, Robert A. Haugen ProfessorSearch for more papers by this authorTerence C. Langetieg, Terence C. Langetieg Assistant ProfessorProfessor, Graduate School of Business, University of Wisconsin; and Assistant Professor, School of Business Administration, University of Southern California, respectively.Search for more papers by this author Robert A. Haugen, Robert A. Haugen ProfessorSearch for more papers by this authorTerence C. Langetieg, Terence C. Langetieg Assistant ProfessorProfessor, Graduate School of Business, University of Wisconsin; and Assistant Professor, School of Business Administration, University of Southern California, respectively.Search for more papers by this author First published: September 1975 https://doi.org/10.1111/j.1540-6261.1975.tb01017.xCitations: 30 Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onEmailFacebookTwitterLinkedInRedditWechat REFERENCES 1 William Beaver, Paul Kettler and Myron Scholes. “The Association Between Market Determined and Accounting Determined Risk Measures,” The Accounting Review, Oct. 1970, p. 654. Web of Science®Google Scholar 2 R. C. Blattberg, and N. J. Gonedes. “ A Comparison of the Stable Paretian and Student Distributions as Statistical Models for Stock Prices”, Report No. 7242, Center for Mathematical Studies in Business and Economics, University of Chicago, 1972. Google Scholar 3 George E. P. Box and George C. Tiao. Bayesian Inference in Statistical Analysis (Addison-Wesley Publishing Company, Reading, Mass., 1973). Google Scholar 4 P. K. Clarke. “ A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices”, Discussion Paper No. 1, Center for Economic Research, Department of Economics, University of Minnesota, 1971. Google Scholar 5 Robert A. Haugen. “Expected Growth, Required Return, and the Variability of Stock Prices,” The Journal of Financial and Quantitative Analysis, Sept. 1970, p. 297. 10.2307/2329997 Web of Science®Google Scholar 6 Robert A. Haugen and John Udell. “Rates of Return to Stockholders of Acquired Companies,” The Journal of Financial and Quantitative Analysis, January, 1972, p. 1387. 10.2307/2330070 Web of Science®Google Scholar 7 Robert A. Haugen and Dean W. Wichern. “ The Elasticity of Financial Assets”, forthcoming in the Journal of Finance. Google Scholar 8 Thomas F. Hogarty. “The Profitability of Corporate Mergers,” The Journal of Business, July 1970, p. 317. 10.1086/295284 Web of Science®Google Scholar 9 Der-Ann Hsu, Robert B. Miller, and Dean W. Wichern. “On the Stable Paretian Behavior of Stock Market Prices,” The Journal of the American Statistical Association, March, 1974. Web of Science®Google Scholar 10 Baruch Lev and Gershon Mandelker. “The Micro-Economic Consequences of Corporate Mergers,” The Journal of Business, January, 1972. 10.1086/295427 Web of Science®Google Scholar 11 Burton G. Malkiel. “Equity Yields, Growth and the Structure of Share Prices,” The American Economic Review, December 1964, p. 1042. Web of Science®Google Scholar 12 Ronald W. Melicher and David R. Rush. “The Performance of Conglomerate Firms: Recent Risk and Return Experience,” The Journal of Finance, p. 381. Google Scholar 13 R. R. Officer “The Distribution of Stock Returns,” Journal of American Statistical Association (1972), pp. 807–812. Web of Science®Google Scholar 14 V. H. Patil. “The Behrens-Fisher Problem and its Bayesian Solution,” Journal of the Indian Statistical Association, 1964, p. 21. Google Scholar 15 P. D. Praetz. “The Distribution of Share Price Changes,” Journal of Business (1972), pp. 49–55. 10.1086/295425 Web of Science®Google Scholar 16 Samuel R. Reid. “A Reply to the Weston/Mansinghka Criticisms Dealing With Conglomerate Mergers,” The Journal of Finance, September, 1971. 10.1111/j.1540-6261.1971.tb00929.x Web of Science®Google Scholar 17 Keith V. Smith and John C. Schreiner. “A Portfolio Analysis of Conglomerate Diversification,” The Journal of Finance, June, 1969, p. 425. Google Scholar 18 J. Fred Weston and Surenda K. Mansinghka. “Tests of the Efficiency Performance of Conglomerate Firms,” The Journal of Finance, September, 1971, p. 919. 10.1111/j.1540-6261.1971.tb00928.x Web of Science®Google Scholar Citing Literature Volume30, Issue4September 1975Pages 1003-1014 ReferencesRelatedInformation
Publication Year: 1975
Publication Date: 1975-09-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 14
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