Uncertain Outcomes of Foreign Investment: Determinants of the Dispersion of Profits After Large Acquisitions
Lee, Tung-Jean, Caves, Richard E.
Journal of International Business Studies · 1998 · Volume 29 · Issue 3
DOI: 10.1057/palgrave.jibs.8490007
Abstract
When U.S. firms make large international acquisitions, the unpredicted component of their profits over the next five years increases with the relative size
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