Khan, Majeed Ullah; Tariq, Yasir Bin - In: Cogent Business & Management 10 (2023) 1, pp. 1-28
cash flow, firms' size, industry relatedness, and block holding. Two-sample t-test is used for univariate analysis, and OLS … rejects the empire-building motive. Unrelated mergers cause a decline in post-M&A performance, and large block holding …