Aug 26, 2014
New Booth Study Shows Low Profits Drive Mergers
New research from the Booth School of Business finds that low profits drive mergers more so then low productivity. The paper, “Acquisitions, Productivity and Profitability: Evidence from the Japanese Cotton Spinning Industry,” was written by Booth professor Chad Syverson, with co-authors Serguey Braguinsky of Carnegie Mellon University, Atsushi Ohyama of Hokkaido University and Tetsuji Okazaki of the University of Tokyo. Continue reading…