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Bettis, R.A. and Hall, W.K. (1982) Diversification Strategy, Accounting Determined Risk, and Accounting Determined Return. Academy of Management Journal, 25, 254-264.
https://doi.org/10.2307/255989

has been cited by the following article:

• TITLE: Study on the Peer Effect of Unrelated M&As Decisions

  AUTHORS: Lina Yu

  KEYWORDS: M&As Decisions, Unrelated M&As, Peer Effect

  JOURNAL NAME: Modern Economy, Vol.8 No.12, December 8, 2017

  ABSTRACT: This paper takes 7464 pieces of M&As events for A-share listed companies in China from 2010 to 2015 as samples and investigates the industry peer effect of unrelated M&As decisions. The research shows that there exists the peer effect when companies make unrelated M&As decisions in the same industry. This paper also makes further examinations and finds that the M&As experience and scale of companies enhance the peer effect. Moreover, companies with more industry competitions have more obvious industry peer effect. This paper enriches the M&As decisions theory and has guiding significance in practice.