Narrow search
Showing 1 - 10 of 14,565
Cover Image
Informed Trading Around Merger and Acquisition Announcements : Evidence from the UK Equity and Options Market
Siougle, Georgia - 2011
This paper offers new evidence on informed trading around merger and acquisition announcements from the UK equity and …
Persistent link: https://www.econbiz.de/10013133655
Cover Image
The Stock Market Reaction to Mergers and Acquisitions : Evidence from the Banking Industry
Lozada, Juan M. - 2020
Mergers and acquisitions (M&As) are mainly a mechanism used in the Latin American banking industry to carry out business consolidation. This paper focuses on the effect of M&A announcements on stocks of Latin American banks and their rivals between 2000 and 2019. We evaluate two impacts of M&A...
Persistent link: https://www.econbiz.de/10012840559
Cover Image
Stock Price Movements and Trading Behaviors Around Merger and Acquisition Announcements : Evidence from the Korean Stock Market
Feng, Jingwei - 2020
This study examines the relationship between price movements of target firms' stocks and behaviors of local individual, local institutional, and foreign investors in trading target firms' stocks around mergers and acquisitions announcements in Korea. Results reveal that the average abnormal...
Persistent link: https://www.econbiz.de/10012852709
Cover Image
Investor Inattention and the Market Reaction to Merger Announcements
Louis, Henock - 2012
' information processing even in the context of one of the largest and most important corporate events – merger announcements. More … reaction to Friday stock swap announcements is muted, as evidenced by lower acquirers' merger announcement abnormal trading … volumes and less pronounced acquirers' merger announcement abnormal stock returns …
Persistent link: https://www.econbiz.de/10013116126
Cover Image
Investor Inattention and the Market Reaction to Merger Announcements
Louis, Henock - 2010
' information processing even in the context of one of the largest and most important corporate events – merger announcements. More … reaction to Friday stock swap announcements is muted, as evidenced by lower acquirers' merger announcement abnormal trading … volumes and less pronounced acquirers' merger announcement abnormal stock returns …
Persistent link: https://www.econbiz.de/10013143523
Cover Image
Stock Acquisitions, Investor Recognition, and Announcement Returns
Lei, Adam Y.C. - 2019
We examine how using stock as the method of payment affects a bidder's investor base and investor recognition, and the bidder announcement return. We hypothesize that relative to a cash acquisition, a stock acquisition would increase the bidder's investor base and lower Merton's (1987) shadow...
Persistent link: https://www.econbiz.de/10012903756
Cover Image
Does the Stock Market Expect Upcoming Merger Activity?
Saidiev, Ulugbek - 2014
upcoming aggregate merger activity and the present values of the factors HML and SMB in the Fama-French three-factor model of …
Persistent link: https://www.econbiz.de/10013065679
Cover Image
Mergers and Acquisitions : Evidence on Post-Announcement Performance from CEE Stock Markets
Zaremba, Adam - 2016
The aim of this paper is to provide fresh-out of sample evidence on short-term and long-term performance following announcement of mergers and acquisitions. The research is based on 109 M&A deals in Central and Eastern European countries for years 2001-2014. For the short-horizon event studies,...
Persistent link: https://www.econbiz.de/10013005691
Cover Image
Timing of Mergers and Acquisitions : Evidence from the Canadian Stock Market
Tebourbi, Imen - 2014
This paper provides evidence of merger timing induced by investors' overoptimism. We distinguish between hot and cold … merger markets and examine the movements of bidding firms' stock prices, around, before and after mergers announcements. Our … when investors are highly overoptimistic and react irrationally to a merger announcement. We find evidence that bidders …
Persistent link: https://www.econbiz.de/10013058028
Cover Image
Post-merger returns in frontier markets, or how we learned to stop worrying and love the acquirers
Zaremba, Adam; Szyszka, Adam; Płotnicki, Michał; … - In: Journal of business economics and management 19 (2018) 1, pp. 96-109
This study presents the results from a comprehensive out-of-sample test of long-run returns following mergers and acquisitions (M&As). Using a unique sample from 23 frontier markets of almost 800 transactions conducted during the years 1992 to 2016, we implement both cross-sectional tests and...
Persistent link: https://www.econbiz.de/10012174722