Detail The Costs of Conflict Resolution and Financial Distress: Evidence from the Texaco-Pennzoil Litigation (The RAND Journal of Economics, Vol.19 No.2 Summer 1988) Bibliografi Author: Cutler, David M. ; Summers, Lawrence H. Topik: Texaco; Pennzoil; Texaco-Pennzoil; Oil Bahasa: (EN )     Penerbit: The Rand Journal of Economics     Tempat Terbit: Lawrence    Tahun Terbit: 1988     Jenis: Article - diterbitkan di jurnal ilmiah internasional Fulltext: David M. Cutler_Lawrence H. Summers.pdf (408.14KB; 3 download) [Informasi yang berkaitan dengan koleksi ini di internet] Abstract This article demonstrates that the dispute between Texaco and Pennzoil over the Getty Oil takeover reduced the combined wealth of the claimants on the two companies by over $3 billion. During the course of the litigation, Pennzoil's shareholders gained only one-sixth as much as Texaco's shareholders lost. When the litigation was settled, about two-thirds of the loss in wealth was regained. These fluctuations in value exceed most estimates of the direct costs of carrying on the litigation, and may reflect the disruption in the operations of Texaco caused by the dispute. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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