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The analysis of the offer premiums and means of payment should not be done separately. In the empirical literature these two variables are often considered separately and independently although they may have endogenous relation. Using a sample of European M&As over the 2000-2010 decade, we show...
Persistent link: https://www.econbiz.de/10013038010
The analysis of the offer premiums and of the means of payment should not be done separately. In the empirical literature these two variables are analyzed separately although they may have endogenous relation. Using a sample of European M&As over the 2000-2010 decade, we show that these two...
Persistent link: https://www.econbiz.de/10013038458
The subjective value given to time is a core concept of microeconomic choices. Using a sample of individuals questioned with regard to their time preference attitudes, we show that the subjective interest rate follows a negatively sloped term structure. It can be parameterized using two...
Persistent link: https://www.econbiz.de/10013039326
Are mergers and acquisitions significant events which develop informativeness seen as the disclosure of private and specific information after a transaction? Is the informativeness process the same between countries? To answer to these questions we use the concept of informativeness, as first...
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