D'Souza, Reagan; Ho, Chloe CY; Yang, Joey (Wenling) - 2022
Few studies have examined the spillover reputational damage of environmental and social (E&S) scandals ex-post. Using an international sample of negative E&S incidents and mergers and acquisitions (M&A) across 18 countries, we examine whether heightened E&S risks of acquirers post-incident...