Shams, Syed M. M.; Gunasekarage, Abeyratna - In: Pacific Accounting Review 28 (2016) 1, pp. 38-58
Purpose – The purpose of this study is to examine whether the acquirers of private targets outperform their peers that … – Acquirers of private targets earn significantly higher abnormal return than acquirers of public targets during the announcement … period. Similarly, the long-run operating performance of acquirers of private targets is significantly higher than that of …