Updates are available Correction dated 2019-07-04
Click to view Correction: https://doi.org/10.1007/s00191-019-00630-1
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Authors
Honjo, Yuji
Kato, Masatoshi
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Funding
Funding for this research was provided by:
Japan Society for the Promotion of Science (26285060, 26285060, JP17K03713)
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Article History
First Online: 6 June 2019
Change Date: 4 July 2019
Change Type: Correction
Change Details: The original version of this article unfortunately contained mistakes. On page 18, the sentence “The first-order terms of <Emphasis Type="Italic">MCR</Emphasis> are positive at least at the 1% significance level in all the columns in Table 6.” "Moreover, while the interaction term of ln<Emphasis Type="Italic">E</Emphasis> and <Emphasis Type="Italic">MCR</Emphasis> is insignificant in column (iii), that of <Emphasis Type="Italic">E</Emphasis>/<Emphasis Type="Italic">F</Emphasis> and <Emphasis Type="Italic">MCR</Emphasis> is negative at the 1% significance level in column (v)." On page 21, the sentence "The sign of the estimated coefficients for merger is opposite to that for failure."
Compliance with ethical standards
:
: The authors declare that they have no conflict of interest.
