Show Me the Money: Aura of Top M&A Banks Often Obscures Low Returns for Clients
Oct 29, 2008
10:45
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In merger-and-acquisition advice an investment bank’s market share does not seem to equate with value delivered to clients two scholars from Wharton and the Massachusetts Institute of Technology conclude in a research paper. Indeed the opposite may be true: The more market share an investment bank has the less value it will deliver to clients.
Knowledge at Wharton