Value relevance-evidence from food industry
نویسندگان
چکیده
منابع مشابه
The Value of CEOs’ Industry Expertise - Evidence from Mergers & Acquisitions∗
We quantify the value of CEO industry-specific experience by using diversifying mergers and acquisitions announcements. In general, we find that industry experienced CEOs add value for their shareholders. The abnormal return is between 1.0% and 1.3% higher when the acquirer’s CEO has top management experience in the target’s industry. Analyzing potential mechanisms, we provide evidence that CEO...
متن کاملDoes diversification destroy value? Evidence from industry shocks
Does corporate diversification reduce shareholder value? Since firms endogenously choose to diversify, exogenous variation in diversification is necessary in order to draw inferences about the causal effect. We examine changes in the within-firm dispersion of industry investment, or “diversity.” We find that exogenous changes in diversity, due to changes in industry investment, are negatively r...
متن کاملDoes diversification destroy value? Evidence from the industry shocks
Does corporate diversification reduce shareholder value? Since firms endogenously choose to diversify, exogenous variation in diversification is necessary to draw inferences about the causal effect. We examine changes in the within-firm dispersion of industry investment, or ‘‘diversity’’. We find that exogenous changes in diversity, due to changes in industry investment, are negatively related ...
متن کاملNew Product Development in the Pharmaceutical Industry: Evidence from Iran
In today’s competitive world, there are several strategies to deal with the fast changing environment, among which New product development (NPD) is a common strategy. However, almost half of the resources that companies devote to NPD are spent on products that may fail. This issue is particularly highlighted in the pharmaceutical industry mainly because of a long development-time, low success r...
متن کاملNew Product Development in the Pharmaceutical Industry: Evidence from Iran
In today’s competitive world, there are several strategies to deal with the fast changing environment, among which New product development (NPD) is a common strategy. However, almost half of the resources that companies devote to NPD are spent on products that may fail. This issue is particularly highlighted in the pharmaceutical industry mainly because of a long development-time, low success r...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Ekonomika poljoprivrede
سال: 2018
ISSN: 0352-3462,2334-8453
DOI: 10.5937/ekopolj1803099s