问题:What happens in acquisitions? Evidence from brand ownership changes and advertising investment
演讲人:Edward Fee, Michigan State University
时间:11月25日(周二)下昼1:30-3:00
所在:新楼215 课堂
摘要:We study a large sample of brands that are acquired and find that new owners display anabnormal propensity to sharply increase or decrease advertising spending, with large decreasesbeing particularly common. Increased privat