Topics in Finance: Part VIII-Mergers and Acquisitions
Colorado College Working Paper 2011-13
8 Pages Posted: 1 Nov 2011 Last revised: 12 Mar 2012
Date Written: October 28, 2011
In this series, three key axioms — stockholder wealth maximization, the risk-return tradeoff, and agency conflicts — are applied to the major topics in financial management. The current article looks at mergers and acquisitions, reviewing the presumed motivations, the ethical challenges, and the literature dedicated to this financial activity.
Keywords: stockholder wealth maximization, risk-return, agency, mergers and acquisitions
JEL Classification: D81, D82, G3
Suggested Citation: Suggested Citation