The beliefs of decision-makers affect their economic behavior. Do beliefs about corporate growth among listed companies’ management affect their use of mergers and acquisitions (M&As)? We draw on M&A events data for Chinese A-share listed companies from 2014 to 2021. Phrases related to capital...

Investors have preferences for local companies, as well as companies in connected cities. We develop a novel approach to exploit the geographic connections of investor watched stocks to identify latent city-to-city connections that influence geographic investment preferences in China. We find...