参考文献
（上２つは証券に関する一般的な内容なので読んどいたほうがいいです。その下のは企業理論系統。）
大村敬一など「証券投資理論入門」日経、１〜４章（基礎、APTまで）
久保田敬一「よくわかるファイナンス」東洋経済新報社、５章とか（CAPM、ポートフォリオ）
丸山雅祥とか「現代のミクロ経済学」創文社、広告効果の部分（ｐ２２９より）
久保田敬一「企業経済学」東洋経済、９章（M&Aは株価を上げる？）
Mueller, D.C.,1996,”Lessons from the United
States’s antitrust history” International Journal of Industrial Organization
14:pp415-45
（M&Aは株価の後に起こる？）
Ｍ＆Ａなリーディングリスト
1. Survey
Mueller DC(1996) "Lessons from the United States Antitrust
History" International Journal of Industrial Organization 14:415-45（既出）
Mueller DC(1997). "Merger Policy in the United States:
Reconsideration " Review of Industrial Organization 12:655-85
2. Merger Dicision
Auerbach AJ & Reishus D(1986) "Taxes and the Merger
Decision: An Empirical Analysis" NBER W1855
Auerbach AJ & Reishus D(1990) "The Effects of Taxation on
the Merger Decision" NBER W2192
3.Effect on Efficiency
Ravenscraft DJ & Scherer FM(1987) Mergers. Sell-offs and
Economic Efficiency. Brookings Institution:Washington DC
Jarrell GA & Poulsen AB(1987) "Shark Repellents and Stock
Prices: The Effect of Anti-takeover Amendment Since 1980" Journal of
Financial Economics 19:127-68
Lichtenberg FR & Siegel D(1987) "Productivity and Changes
in Ownership of Manufacturing Plants" Brookings Papers on Economic
Activity 3:643-83
Bradley M. Desai A & Kim EH(1988) "Synergistic Gains from
Corporate Acquisitions and their Division Between the stockholders of Target
and Aquiring Firms" Journal of Financial Economics 21:3-40
Scherer FM(1988) "Corporate Takeovers: The Efficiency
Arguments" Journal of Economic Perspectives 2:69-82
Lichtenberg FR(1992) "Industrial De-Diversification and its
Consequences for Productivity" Journal of Economic Behavior and
Organization 18:427-38
Healy PM. Palepu KG & Rubak RC(1992) "Mergers. Deregulation
and Cost Savings in the U.S. Rail Industry" JFEC 31(2): 135-76(NBER W3348)
Berndt ER. Friedlaender AF. Wang Chiang JS & Vellturo CA(1993) "Cost Effect of Mergers
and Deregulation in the U.S. Railroad Industry" Journal of Productivity
Analysis 4(2):127-44 (NBER W3749)
4. Effect on Social Efficiency
Stillman RS(1983) "Examining Antitrust Policy Toward
Horizontal Mergers" Journal of Financial Economics 11:225-40
Eckbo EB(1983) "Horizontal Mergers. Collusion and Stockholder
Wealth" Journal of Financial Economics 11:241-73
Lichtenberg FR & Kim M(1989) "The Effects of Mergers on
Prices. Costs. and Capacity Utilization in the U.S. Air Transportation
Industry. 1970-84" NBER W3197
McGuckin R. Nguyen S & Andrews S(1991) "The Relationship
Among Aquiring and Acquired Firms' Product Lines" Journal of Law and
Economics 24:477-502
Bordo MD. Redish A & Rockoff H(1996) "A Comparison of the
Stability and Efficiency of the Canadian and American Banking Systems
1870-1925" Financial History Review 3(1):49-68 (NBER H0067)
Schwert GW(1996) "Mark-Up Pricing in Mergers and
Acquisitions" Journal of Financial Economics 41(2):153-92 (NBER W4863)
Horn H & Levinsohn J(1997) "Merger Policies and Trade
Liberalization" NBER W6077
Pesendorfer M(1998) "Horizontal Mergers in the Paper
Industry" NBER W6751
Banerjee A & Eckard EW(1998) "Are Mega-Merger
Anti-Competitive? Evidence from the First Great Merger Wave" Rand Journal
or Economics 29:803-27
Berry ST & Waldfogel J(1999) "Mergers. Station Entry. and
Programming Variety in Radio Broadcasting" RAND Journal of Economics
30(3):397-420 (NBER W7080)
Krishna K & Tranaes T(1999) "Efficient Competition With
Small Numbers -- With Applications to Privatisation and Mergers" NBER
W6952
Capps CS. Dranove D. Greenstein S & Satterthwaite(2001)
"The Silent Majority Fallacy of the Elzinga-Hogarty Criteria: A Critique
and New Approach to Analyzing Hospital Mergers" NBER W8216
Gaynor M & Vogt WB(1999) "Antitrust and Competition in
Health Care Markets" Journal of Economic Perspectives 13(1):141-64 (NBER
W7112)
Kessler D & McClellan M(1999) "Designing Hospital Antitrust
Policy to Promote Social Welfare" NBER W6897
5.Corporate Governnance
Jensen MC & Ruback RS(1983) "The Market for Corporate
Control: The Scientific Evidence" Journal of Financial Economics 11:5-50
Jarrell GA. Brickley JA & Netter JN(1988) "The Market for
Corporate Control: The Empirical Evidence Since 1980" Journal of Economic
Perspectives 2:49-68
Jensen MC(1988) "Takeovers: Their Causes and
Consequences" Journal of Economic Perspectives 2:21-48
Shleifer A & Vishny RW(1988) "Value Maximization and Acquisition
Process" Journal of Economic Pespectives 2:7-20
Hubbard RG & Palia D(1995) "Benefits of Control. Managerial
Ownership. and the Stock Returns of Acquiring Firms" Rand Journal of
Economics 26(4):782-92 (NBER W5079)
Hubbard RG & Palia D(1999) "A Re-Examination of the
Conglomerate Merger Wave in the 1960s: An Internal Capital Markets View"
Journal of Finance (NBER W6539)
Caballero RJ & Hammour ML(2000)
"Institutions. Restructuring. and Macroeconomic
Performance" NBER W7720
Holmstrom B & Kaplan SN(2001) "Corporate Governance and
Merger Activity in the U.S.: Making Sense of the 1980s and 1990s" NBER
W8220
おまけ
Ｐ．ミルグロム・Ｊ．ロバーツ共著、奥野正寛ら訳「組織の経済学」NTT出版（なぜ買収をするか、とかを少し書いてある？）