Brian Erard
Biographic Data
| ID | 5739792 |
|---|---|
| NAME | Brian Erard |
| GIVEN NAMES | Brian |
| FAMILY NAME | Erard |
| SIGNATURE | ERARD B |
| AFFILIATIONS | Carleton University |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 1 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2002 |
| LATEST PUBLICATION YEAR | 2002 |
| H-INDEX | 0 |
Acquisitions and Investment
We derive a simple theoretical framework in which acquisitions are treated as an alternative way of obtaining capital goods. Our framework predicts that both investment and acquisitions are positively related to a firm’s shadow value of capital. We transform our theoretical specification into an econometric model, which we then estimate using a long panel data‐set spanning 503 US firms over 15 consecutive years. Our results indicate that an incre…
No prominent works on this page.
Acquisitions and Investment
We derive a simple theoretical framework in which acquisitions are treated as an alternative way of obtaining capital goods. Our framework predicts that both investment and acquisitions are positively related to a firm’s shadow value of capital. We transform our theoretical specification into an econometric model, which we then estimate using a long panel data‐set spanning 503 US firms over 15 consecutive years. Our results indicate that an incre…
Business (1 work) · Capital (architecture) (1 work) · Capital investment (1 work) · Capital Investment and Risk Analysis (1 work) · Computer Science (1 work) · Corporate Finance and Governance (1 work) · Econometrics (1 work) · Economic theories and models (1 work) · Economics (1 work) · Finance (1 work)