Corporate Acquisitions, Diversification, and the Firm's Life Cycle: Corporate Acquisitions, Diversification, and the Firm's Life Cycle

By Asli M. Arikan, René M. Stulz. 2012

130 citations recorded by the source corpus.

Lifecycle theories of mergers and diversification predict that firms make acquisitions and diversify when their internal growth opportunities become exhausted. Free cash flow theories make similar ...

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/98b1f32370d0b8881f1f25e4ed999bf992b74a58