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Vertical integration and corporate value under uncertainty shock: Evidence from the COVID-19 pandemic

Using the exogenous shock of the COVID-19 pandemic, we examine whether vertical integration creates value for firms when facing increasing uncertainty. Using cross-sectional data during the outbreak of the COVID-19 pandemic, we find that there is a significant and positive correlation between vertic...

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Detalles Bibliográficos
Autores principales: Yuan, Chun, Geng, Chunxiao, Sun, Jian, Cui, Huaigu
Formato: Online Artículo Texto
Lenguaje:English
Publicado: The Authors. Publishing services by Elsevier B.V. on behalf of KeAi Communications Co. Ltd. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9643336/
http://dx.doi.org/10.1016/j.ceqi.2022.11.002

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