Empirical studies show that the business alliance announcements seldom have any impact on the market value of their parent firms.

Question

Quizplus · Accepted Answer

Empirical studies suggest that business alliance announcements can have a positive impact on the market value of the parent firms, especially if the alliance is seen as beneficial and strategically important. However, the impact may vary depending on the specifics of the alliance and the market conditions.

Empirical Studies Show That the Business Alliance Announcements Seldom Have