of acquirers. Using an acquirer's announced target value as the proxy of the firm's acquiring capacity, the link between … capacity: a firm with a higher cash ratio will, on average, take a larger target firm in both absolute value and relative … of the acquirer. Firms' debt and profitability ratios do not explain the target size.  …

financing is negatively related to the firm performance measured by operating revenues. In contrast, firms with foreign … bring in, the firm with foreign financing will have higher probability to incur loss compared to firms financed by other … channels on the performance of Chinese small and medium sized high-tech enterprises. We find that small firms in China rely …

from correlated characteristics of workers and firms. This paper estimates these ownership differentials using linked … employer-employee data (LEED) from Hungary containing 1.35mln worker-year observations for 21,238 firms from 1986 to 2003. We … occupation) and firms (size, industry, and productivity), suggesting ownership type is systematically selected along these …

present their constructions of an entrepreneur. The data presented here is part of a wider research project, focused on …

traditional view that talented managers concentrate in large firms. Business School placement data supports this hypothesis …

We use a simple model to analyze the founding stage of new firms. Our goal is to characterize the directional causality …. We test predictions about the timing of the formation of new firms on a sample of Italian entrepreneurs. We obtain three … main results. First, the timing of the foundation of new firms is determined primarily by the expectation of higher income …

This work examines the leverage ratios of firms covered by the 1998 SSBF Survey. We find that small firms in general … industry medians, and also that firms with a closer primary banking relationship adhere more closely to industry norms. Counter …

a number of U.S. firms, which were accused of fraudulent backdating options, as well as the compensation schemes of top … to the empirical research on stock option plans (SOPs) by focusing on start-up or 'new economy' firms in Germany. For the … 329 firms that went public at the 'Neuer Markt', a special stock market segment for young growth companies in Germany, we …