TY - JOUR
T1 - The drivers of merger waves
AU - Kastrinaki, Z.
AU - Stoneman, P.
PY - 2012/11
Y1 - 2012/11
N2 - A reduced form hazard rate model of merger timing, estimated using a uniquely constructed 1990-2004 UK panel data set, shows clear correlations between the observed wave-like pattern of merger activity and both exogenous and endogenous drivers with firm characteristics acting as intermediaries.
AB - A reduced form hazard rate model of merger timing, estimated using a uniquely constructed 1990-2004 UK panel data set, shows clear correlations between the observed wave-like pattern of merger activity and both exogenous and endogenous drivers with firm characteristics acting as intermediaries.
UR - http://www.scopus.com/inward/record.url?scp=84864034669&partnerID=8YFLogxK
UR - http://dx.doi.org/10.1016/j.econlet.2012.06.043
U2 - 10.1016/j.econlet.2012.06.043
DO - 10.1016/j.econlet.2012.06.043
M3 - Article
AN - SCOPUS:84864034669
VL - 117
SP - 493
EP - 495
JO - Economics Letters
JF - Economics Letters
SN - 0165-1765
IS - 2
ER -