Efficiency of Internal Capital Allocation and the Success of Acquisitions

Does efficient internal investment generally translate into successful external investment activities? In this research we use the internal capital allocation efficiency as a proxy for the efficiency of internal investment, and study whether firms that are internally efficient also make efficient ex...

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Bibliographic Details
Main Author: Ye, Meng
Format: Others
Published: ScholarWorks@UNO 2009
Subjects:
Online Access:http://scholarworks.uno.edu/td/1106
http://scholarworks.uno.edu/cgi/viewcontent.cgi?article=2087&context=td