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Assessment of Market Efficiency in Argentina, Brazil and Chile: an Event Study of Mergers and Acquisitions

This paper presents an investigation into the relationship between the announcement of mergers and acquisitions, the existence of positive abnormal returns for shares of these firms, and market efficiency in Argentina, Brazil and Chile. Statistically significant Standardized Abnormal Returns were pr...

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Bibliographic Details
Published in:BAR - Brazilian Administration Review
Main Authors: Mario Domingues Simões, T. Diana L. van Aduard de Macedo-Soares, Marcelo Cabus Klotzle, Antonio Carlos Figueiredo Pinto
Format: Artigo
Language:Inglês
Published: Associação Nacional de Pós-Graduação e Pesquisa em Administração 2012
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Online Access:https://www.redalyc.org/articulo.oa?id=84123622007
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