findings. First, acquiring firms did not gain from their acquisitions. Second, acquirers with stronger bank ties experienced … larger wealth loss than those with weaker bank ties. These results are consistent with the hypothesis that banks played a …

and without close working relationships with their banks in order to gain insights into how bank-firm relationships affect … the information environments for capital market investors. Close bank-firm relationships signal the banks' positive … associations between bank-firm relationships and security analyst activities hold after controlling for the potential correlated …

In the running of social firms, managers play a leading role which can guide the course of these companies. In this … article we analyse the theoretical elements underlying the central importance of managers in social firms, the nature of these …

researchers pay a particular attention to banking governance. Specifically, shareholders-managers’ convergence of interests and … negative effect on performance. The results also reveal that managers lack control while the board of directors seems to exert …

This study examines the extent of managers' opportunistic behaviour in influencing their own executive stock incentive … significant increase in stock prices shortly after the disclosure, consistent with self-interested managers undertaking self … together, our findings suggest that managers in Chinese publicly listed companies engage in opportunistic behaviour that …