Allen, Linda (contributor) - 2002 - [Elektronische Ressource]
"This paper looks at the role of both commercial and investment banks in providing merger advisory services. In this … investment banks. In their dual role as lenders and advisors to firms that are the target or the acquirer in a merger, banks can … advisors to acquirers. In particular, the target earns higher abnormal returns when the target's own bank certifies the (more …