A Statistical Test of the Success of Consolidations

Arthur Stone Dewing

53 citations0/0 files storedThe Quarterly Journal of Economics

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Corporate Finance and Governance Historical Economic and Social Studies Merger and Competition Analysis

Abstract

Nature of the study, 84. — Underlying assumptions of the study, 86. — I. Previous earnings of the representative consolidation compared with actual earnings, 90. — II. Estimated earnings of the representative consolidation compared with actual earnings, 91. — III. First-year earnings of the representative consolidation compared with later earnings, 93. — Table of fundamental data, 95.

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