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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
We examine the importance of firm integration to outcomes of mergers and acquisitions using new ex ante product …-based measures of firm integration. Our framework allows us to measure ex ante integration risk for both observed acquisitions and … proposed acquisitions that might not materialize. As validation, our ex ante measures predict post-merger 10-K statements by …
Persistent link: https://www.econbiz.de/10011756825
We analyze factors behind 23,213 distressed acquisitions in European emerging markets from 2007–2019. Besides the … probability of distressed acquisitions, followed by corruption control and progress in banking reforms. The impact of institutions …
Persistent link: https://www.econbiz.de/10012508593
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We allow the preference of a political majority to determine boththe corporate governance structure and the division of profits betweenhuman and financial capital. In a democratic society where financialwealth is concentrated, a political majority may prefer to restraingovernance by dispersed...
Persistent link: https://www.econbiz.de/10011337975
of the stock market - in particular mergers and acquisitions. In contrast to the actual listing count, the US merger …
Persistent link: https://www.econbiz.de/10012174243
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terms of mergers and acquisitions, resulting in a decreasing number of hospital owners. In this study, I examine the ex … liquid resources are more often the targets of acquisitions. On the other hand, hospitals with a lower equity-to-assets ratio …
Persistent link: https://www.econbiz.de/10010437504
The Intercontinental Exchange's current attempted acquisition of NYSE-Euronext is the third takeover proposal in as …
Persistent link: https://www.econbiz.de/10009788925