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Keywords: Market model
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Journal Articles
International Journal of Organizational Analysis (2012) 20 (4): 435–446.
Published: 05 October 2012
.../approach To evaluate the effect of mergers in the systematic risk, two different market models are estimated for each company in the sample, one with pre‐merger data and one with post‐merger data. Then the results obtained from the two data sets are compared so as to identify possible differences...
