controlling for deal characteristics. However, longer-term post-merger bidder abnormal returns are lower for government … improving bilateral political relations between China and target nations are positively associated with both short and long …

In this paper, we examine why Chinese reverse merger (RM) firms have lower financial reporting quality. We find that … quality only in firms from China, where the legal enforcement is weaker than U.S. In addition, we find that compared to …

Our work provides refined tests of the existence and source of merger gains in a neglected industry: utilities. While …

categorize the sample M&A deals as (1) Acquisition of Pakistani banks by the foreign investors, (2) Merger of Pakistani banks … with the other domestic banks and (3) Merger of Pakistani banks with the foreign banks operating in Pakistan. The results … indicate statistically significant investor reactions around the merger announcements. For individual target and bidder banks …

In the 1990s, European merger regulation (EMR) was biased against foreign acquirers, especially if the deal harmed … 2004. With a sample of 474 merger proposals submitted to the EC during 1990–2007, we show that the EC's protectionism from …