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目标公司R&D投入强度对并购溢价产生的影响研究

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摘要 并购能够使企业规模迅速得到扩张,也是获取外部R&D能力与技术知识的重要手段。但是并购企业为取得目标企业的控制权通常会支付较高的并购溢价。本文从信息不对称与技术并购角度探讨了并购溢价产生的根源,并以目标企业的研发投入作为代理变量,研究了目标企业特征对并购溢价的影响。
作者 邹彩芬
出处 《武汉金融》 北大核心 2013年第2期44-45,共2页 Wuhan Finance
基金 教育部人文社科基金项目 编号为:09YJC630183
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