This article demonstrates that the risk profile of acquiring banks’ common stock changes in the aftermath of a merger announcement when examining 177 large merger deals in the United States spanning from 1998 to 2010 and inclusive of the fifth and sixth merger waves. There is a tendency for...

This article examines the extent to which the trading behavior of heterogeneous investors manifests in stock price changes of asset portfolios which constitute the Shanghai Stock Exchange. There are three major findings that materialize. Firstly, reliable statistical evidence of a negative...

This article examines the impact of a bidding firm's geographical location on the choice of method of payment in mergers and acquisitions. We find that rural bidders are more likely to offer pure stock deals and have lower propensity to use cash as the method of payment compared to their...

<title>Abstract</title> The aim of this preliminary study is to identify the possible causes inhibiting consumers from purchasing Chinese own brands. In view of the absence of literature on this aspect of commerce in Asia, a review of Western literature was conducted. The data for this study is from...

<title>Abstract</title>While extant literature has mainly concentrated on contemporaneous event tourism marketing (i.e., on visiting the city during or around the event) and on intentions to revisit after the event's completion, this research investigates the impact of the event on the decisions of potential...

We investigate the dynamics of quantum discord during the purification process. In the case of Werner states, it is shown that quantum discord is increased after a round of purification protocol. Furthermore, quantum mutual information and classical correlation is also increased during this...

Following a recent proposal (Phys. Rev. Lett. 85 (2000) 2392) about quantum information processing using dispersive atom–cavity interaction, in this paper, we proposed a physical scheme to concentrate the pure non-maximally entangled atomic states via cavity QED by using atomic collision in a...

This paper applies Optimum Currency Area (OCA) theory to investigate the suitability of Asian currency union and its membership, in which China is taken as the central country. Cluster analysis is applied for this study. Both hierarchical clustering and fuzzy clustering approaches are used. The...

Several studies pertaining to outsourcing in the banking and financial services sector in developed countries show a gradually growing trend of outsourcing among banking and financial organizations, both in terms of nature and scope of activities outsourced. Outsourcing of Information Technology...