Narrow search
Showing 1 - 10 of 2,496
Cover Image
Does the organisational form of the target influence market reaction to acquisition announcements? : Australian evidence
Shams, Syed M. M.; Gunasekarage, Abeyratna; Colombage, … - In: Pacific-Basin finance journal 24 (2013), pp. 89-108
Persistent link: https://www.econbiz.de/10010346789
Cover Image
The effect of industry restructuring on peer firms
Holcomb, Alex; Mason, Paul - In: Journal of risk and financial management : JRFM 14 (2021) 5, pp. 1-25
We study the bond price reaction of a merged firms peers, in order to better understand how the market responds to a restructuring. We argue that a merger announcement may signal the possibility of a merger wave to the industry, and in doing so, increase the conditional probability that peer...
Persistent link: https://www.econbiz.de/10012534527
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
acquisitions (M&As). Using a unique sample from 23 frontier markets of almost 800 transactions conducted during the years 1992 to …
Persistent link: https://www.econbiz.de/10012174722
Cover Image
Mergers and acquisitions (M&AS) by R&D intensive firms
Dutta, Shantanu; Kumar, Vinod - In: Journal of risk and financial management : JRFM 2 (2009) 1, pp. 1-37
difficulties of a target by an R&D intensive firms and suggests that investor might be skeptical of such acquisitions and react …
Persistent link: https://www.econbiz.de/10011556072
Cover Image
Cross-border acquisitions and shareholders’ wealth : the case of the Indian pharmaceutical sector
Wajid, Abdul; Sabiha, Anjim; Akhtar, Shakeb; Tabash, … - In: Journal of risk and financial management : JRFM 15 (2022) 10, pp. 1-17
Cross-border acquisitions by Indian companies have increased tremendously, especially during the last two decades, and …-border acquisitions and shareholders’ wealth in the Indian pharmaceutical sector. For this purpose, the data related to acquisitions were … current research prescribe that cross-border acquisitions have a positive and significant impact on shareholders’ wealth …
Persistent link: https://www.econbiz.de/10013471449
Cover Image
The impact of horizontal mergers on rivals : gains to being left outside a merger
Clougherty, Joseph A.; Duso, Tomaso - 2008
It is commonly perceived that firms do not want to be outsiders to a merger between competitor firms. We instead argue that it is beneficial to be a non-merging rival firm to a large horizontal merger. Using a sample of mergers with expert-identification of relevant rivals and the event-study...
Persistent link: https://www.econbiz.de/10010364303
Cover Image
Do firms with specialized M&A staff make better acquisitions?
Gokkaya, Sinan; Liu, Xi; Stulz, René M. - 2021
building instead. We find that firms with specialized M&A staff make better acquisitions when acquisition performance is … earnings forecasts. This effect does not hold when the CEO is powerful, overconfident, or entrenched. Acquisitions by firms …
Persistent link: https://www.econbiz.de/10012584268
Cover Image
Winning by losing : evidence on overbidding in mergers
Malmendier, Ulrike; Moretti, Enrico; Peters, Florian - 2011
Persistent link: https://www.econbiz.de/10010191090
Cover Image
Do announcement returns contain information about value creation?
Ben-David, Itzhak; Bhattacharya, Utpal; Jacobsen, Stacey - 2020
returns. Our results cast doubt on the usefulness of announcement returns as a measure of the value created in acquisitions …
Persistent link: https://www.econbiz.de/10012263196
Cover Image
SPACs with focus on China
Shachmurove, Yochanan; Vulanovic, Milos - 2014 - Preprint, February 8th, 2014
In this study, we examine characteristics of Specified Purpose Acquisition Companies (SPACs) used as a financing tool for companies from China in period 2004-2011. We offer the evidence that, similarly to evidence from studies on reverse mergers focusing on China, SPACs that focus on China are...
Persistent link: https://www.econbiz.de/10010372686