identify the effect of business risk on capital structure. We find that post-merger changes in leverage and cash holdings are … strongly predicted by expected asset volatility changes estimated using pre-merger information. These capital structure …

We introduce the concept of the post-merger integration duration (PMID) which is the time delay that it takes a merged … the time of a merger, and gradually levers up as the integration period nears completion. We hand collect a unique data …

. This study extends prior findings of a post-merger increase in leverage for the acquiring firm by linking this leverage … as equity holders exploit the increased debt capacity with higher leverage resulting in total merger gains that are …

The aim of this paper is to study the influence of the Merger and Acquisition (M&A) payment method decision on the …

the years 2003 to 2012. Do institutional characteristics of SPACs determine the success of their merger outcomes? The … probability of a merger for SPACs increases if they are able to announce the deal soon after the Initial Public Offering (IPO), if …

their post-merger survival. SPACs are unique financial firms that conduct the IPO with the solely purpose to use the … determining post-merger outcomes of new company, specifically when it comes to their survival/failure. Namely, increases in pre-merger … commitment by SPAC stakeholders and initial positive market performance increase post-merger survival likelihood. On the contrary …