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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
This study aims to track insider trading activities prior to announcement of merger and acquisition deals in Istanbul Stock Exchange. 35 companies and 50 deals are examined for the period 2002 -2013 and significant average abnormal returns one months to twelve months prior to the dissemination...
Persistent link: https://www.econbiz.de/10010461368
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
Persistent link: https://www.econbiz.de/10011704590
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