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Jensen Michael Ruback Richard , “The Market for Corporate Control,” Journal of Financial Economics, Vol. 11 (1983): 11–13.

Scherer M. J. Ravenscraft D. , “Mergers and Managerial Performance,” Federal Trade Commission Working Paper No. 137, January 1986.

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Malatesta , op. cit., p. 179.

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Halpern P.J. , “Empirical Estimates of the Amount and Distribution of Gains to Companies in Mergers,” Journal of Business (October 1973), pp. 554–575.

Lewellen Wilbur Loderer Claudio Rosenfeld Ahron , “Merger Decisions and Executive Stock Ownership in Acquiring Firms,” Journal of Accounting and Economics, Vol. 7 (1985): 209–231.

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Ibid., p. 612.

Mueller Dennis C. , “A Theory of Conglomerate Mergers,” Quarterly Journal of Economics (1969), pp. 654–657; Baumol William J. , Business Behavior, Value and Growth (New York, NY: Macmillan, 1959).

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Ibid., p. 2.

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Firth , op. cit., p. 256.

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Amihud Yakov Lev Baruch . “Risk Reduction as a Managerial Motive for Conglomerate Mergers.” The Bell Journal of Economics (Autumn 1981), pp. 605–617.

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Halpern P.J. “Empirical Estimates of the Amount and Distribution of Gains to Companies in Mergers.” Journal of Business (1973), pp. 554–575.

Jensen Michael Ruback Richard . “The Market for Corporate Control.” Journal of Financial Economics, Vol. 11 (1983): 11–13.

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Malatesta Paul . “The Wealth Effect of Merger Activity and the Objective Functions of Merging Firms.” Journal of Financial Economics, Vol. 11 (1983): 172, 168.

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Mangenheim Ellen B. Mueller Dennis C. , “On Measuring the Effect of Acquisitions on Acquiring Firm Shareholders.” Unpublished paper, University of Maryland, 1984, p.25.

Scherer M. J. Ravenscraft D. , “Mergers and Managerial Performance.” Federal Trade Commission Working Paper No. 137, January 1986.