Peixin Li, Weikai Li, Baolian Wang, Zilong Zhang
11 Aug 2018
Country or region:
Asia Pacific (Overall)
Organizational capital is the accumulation and use of private information to enhance economic
efficiency for a firm. Theory has argued that organizational capital is typically embodied in
employees and the organizational structure, and is hard to transfer across organizations. In this
paper, we study whether organizational capital is transferable across firms via mergers.
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