The adverse selection effect of corporate cash reserve: Evidence from the acquisitions solely financed by stock
Year of publication: |
2008
|
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Authors: | Gao, Ning |
Publisher: |
Manchester : The University of Manchester, Manchester Business School |
Subject: | Übernahme | Unternehmensfinanzierung | Betriebliche Finanzwirtschaft | Asymmetrische Information | Adverse Selection | adverse selection effect of corporate cash reserve | excess cash reserve | overvaluation | two-sided information asymmetry | bidder announcement return | operational cash flow performance | use of funds |
Series: | |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | 572582560 [GVK] hdl:10419/50700 [Handle] |
Classification: | G34 - Mergers; Acquisitions; Restructuring; Corporate Governance ; G32 - Financing Policy; Capital and Ownership Structure |
Source: |
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Gao, Ning, (2008)
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Financing-motivated acquisitions
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Bidder cash reserve effect under the precautionary motive: Evidence from UK
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