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This paper provides empirical evidence on the effects of cross-border M&As on investing firms' domestic performance in the U.K. and France. We build a new firm-level dataset that combines a global M&A database with balance sheet data for the years 2000-2007. Combining matching techniques with a...
Persistent link: https://www.econbiz.de/10003924467
KPMG is one of the leading audit and accounting firms globally - the Big Four. Due to the recent regulations and the increasing globalization, the Big Four are required to differentiate. The literature review shows that the largest accounting firms are reasonably similar in terms of operations,...
Persistent link: https://www.econbiz.de/10013251793
This paper provides empirical evidence on the effects of cross-border M&As on investing firms’ domestic performance in the U.K. and France. We build a new firm-level dataset that combines a global M&A database with balance sheet data for the years 2000–2007. Combining matching techniques...
Persistent link: https://www.econbiz.de/10014198173
As attention moves rapidly towards comparative approaches, the research and teaching of company law has somehow lagged behind. The overall purpose of this book is therefore to fill a gap in the literature by identifying whether conceptual differences between countries exist. Rather than...
Persistent link: https://www.econbiz.de/10013086789
Debt may help to manage type II corporate agency conflicts because it is easier for controlling shareholders to modify the leverage ratio than to modify their share of capital. A sample of 112 firms listed on the French stock market over the period 1998-2009 is empirically tested. It supports an...
Persistent link: https://www.econbiz.de/10013036810
A comparative study of Corporate Governance structures at two organizations situated across the Atlantic Ocean has been conducted to understand the rationale for the observed differences from an international versus a nationally focused business perspective. A research based recommendation for...
Persistent link: https://www.econbiz.de/10012982537
. Second, it examines which individuals from which firms remain with the newly created entity after the takeover. Using a … active in the post-takeover period, with employees of the acquired firm being less likely to remain with the new entity in … the short term after takeover than those of the acquiring firm and with the differences between the two types of firms …
Persistent link: https://www.econbiz.de/10003289882
In this paper, we exploit the specificity of going-private transactions that are initiated by the historical controlling shareholders (i.e., voluntary delistings). In Continental Europe, the majority of firms that become private do so following a buyout offer with squeeze-out (BOSO); using this...
Persistent link: https://www.econbiz.de/10013115456
. The Egyptian takeover regulations generally discourage takeovers by empowering incumbent controllers and provide weak … protections for minority shareholders. The facts of the Mobinil case, the most recent takeover case in Egypt, support these … findings. This study shows, however, that adopting certain amendments can enhance the Egyptian takeover regulations …
Persistent link: https://www.econbiz.de/10013124160
In this paper, we exploit the specificity of going-private transactions that are initiated by the historical controlling shareholders (i.e., voluntary delistings). In Continental Europe, the majority of firms that become private do so following a buyout offer with squeeze-out (BOSO); using this...
Persistent link: https://www.econbiz.de/10013125514