This paper examines the effect of foreign acquisitions on the capital structure of corporations. A multivariate analysis using debt flow data examines the relation between additional financing through long-term debt after foreign acquisitions and the characteristics of these acquisitions, the...

Private placements provided by institutional or individual accredited investors are becoming an important financing tool for small public firms worldwide. However, private placement issuers offer poor average returns. We explain this puzzle using 2,987 traditional private placements by Canadian...

This paper examines the combination of cash and share payments made during corporate acquisitions. Particularly, it analyzes the conditions of an optimal mixed payment in a context of asymmetry of information. Using a model, we highlight that the setting of conditions of payment is an endogenous...