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Author: | Chang, P. |
Title: | Economies of scope, synergy, and the CAPM |
Journal: | Journal of Financial Research
1988 : FALL, VOL. 11, No. 3, p.255-263 |
Index terms: | CONGLOMERATE MERGERS CAPITAL ASSET PRICING MULTIPRODUCT COMPANIES |
Language: | eng |
Abstract: | An integration of the multiproduct theory of the firm into financial theories and the relationship between economies of scope and synergy in conglomerate mergers in the context of the Capital Asset Pricing Model (CAPM). CAPM with multiproduct cost functions. Synergy and economies of scope. 27 Equations illustrate the study. |
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