We investigate whether Corporate Social Responsibility (CSR) activities help reduce supply chain disruption risks thanks to supply source diversification strategy-building. The Suez Canal obstruction in March 2021 by the Ever Given container ship provides the empirical setup to identify firms...

This paper investigates the impact on deal outcomes of the presence of M&A top executives with a job title related to external growth. Using a sample of 10,818 US deals between 1993 and 2019, our results show that such presence is negatively associated with bidder gains. These bidders also...

This paper investigates whether loan officer's level of seniority within the bank explains credit spreads. Based on a unique hand-collected database on loan applications from SMEs to a French cooperative bank between 1996 and 2009, the study suggests that senior loan officers charge higher...

This paper examines whether and how increased entry threat drives industry merger activity. We use the reduction in import tariffs as a natural experiment of exogenous increase in competitive intensity and study its effect on merger and acquisition (M&A) decisions. Our results indicate that...