During these last decades, the European banking system witnessed deep changes. They were manifest in operations of Merger and Acquisition (M&A). The available studies prove that the rate of failure of theses M&A is relatively high. The cross-border operations are more exposed at this risk. The...

This article reviews the recent literature on the consequences of disclosure for listed firms. Though some studies show that disclosure is desirable for shareholders because it reduces the cost of capital, and increases the value created, others provide more mixed results. The conclusion on the...

This article reviews the recent literature on the consequences of disclosure for listed firms. Though some studies show that disclosure is desirable for shareholders because it reduces the cost of capital, and increases the value created, others provide more mixed results. The conclusion on the...