Showing 1 - 10 of 25,316
Civil society plays a crucial role in governance where laws and authority are weak. Increasingly, multinationals operate in these complex environments. We study how a key strategy of international civil society--disseminating information about human rights abuse--impacts multinationals. To do...
Persistent link: https://www.econbiz.de/10013244853
1999-2006. Applying propensity score matching techniques we estimate positive wage premia of cross-boarder merger and …
Persistent link: https://www.econbiz.de/10009411931
the authors estimate positive wage premia of cross-border merger and acquisitions (M&As), suggesting that foreign …
Persistent link: https://www.econbiz.de/10009544359
We analyze how creditor rights affect the nonsynchronicity of global corporate credit default swap spreads (CDS-NS). We find that CDS-NS is negatively related to the country-level creditor-control rights, especially to the “restrictions on reorganization” component, where...
Persistent link: https://www.econbiz.de/10014254224
This paper presents some ideas about determinants of merger waves and some evidence on their effect on profitability … and employment. A brief survey of previous merger waves and an analysis of the recent one give support to the hypothesis … that sectoral shocks are at the root of merger waves. Deregulation and globalization are identified as the shocks …
Persistent link: https://www.econbiz.de/10011490438
The literature is characterized by a lack of research analyzing cross-border mergers and acquisitions (CBM&A) as a network. This article aims to evaluate the topology properties (the geographical and sectoral structure) of the global CBM&A network in 1990-2021. A quantitative study is conducted...
Persistent link: https://www.econbiz.de/10014476877
This paper explores the impact of global climate policy announcements on the performance of the fossil fuel and alternative energy sectors. I conduct an event-study analysis around the yearly United Nations Framework Convention on Climate Change Conference of the Parties (UNFCCC COP) meetings,...
Persistent link: https://www.econbiz.de/10012901311
This paper examines how the anchoring effect causes investor underreaction to global firm-specific news. Using a high-frequency methodology to identify news events for stocks in 23 developed countries from 2004 to 2021, the results show that investors tend to hold on to their initial beliefs...
Persistent link: https://www.econbiz.de/10014254314
The current economic and political situation requires corporations and their boards to have bold visions for future growth with long-term investments, to make proactive efforts to modulate the pressures for short-term stock price increases and to take advantage of the valuable insights gained in...
Persistent link: https://www.econbiz.de/10013103422
Persistent link: https://www.econbiz.de/10003762918