Mergers and the Performance of the Acquiring Firm.
整合金融、产业组织和战略管理三个学科对并购的研究结论，探讨并购是否为收购方带来实际收益，以及为何实证研究结论存在分歧。
Do mergers provide real benefits to acquiring firms? If not. as empirical studies completed mostly in the field of finance conclude, then why do firms continue to merge? If mergers do provide real benefits, as the literature of industrial organizations and strategic management suggest, then why haven't the empirical studies found any evidence of real benefits? By integrating the conclusions on mergers from the above three disciplines, these questions are addressed.