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execution and the risk is a result of price movements during a more gradual trading. The paper shows that the trade-off between …
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execution and the risk is a result of price movements during a more gradual trading. The paper shows that the trade-off between …
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We examine the effect of a CEO's military service on merger and acquisition decisions and outcomes. We find that acquirers led by CEOs with military backgrounds earn significantly higher abnormal stock returns at deal announcement, and these deals exhibit higher short-run and long-run synergies....
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