Aug 26, 2014
New Booth Study Shows Low Profits Drive Mergers
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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…