Showing 1 - 10 of 265,226
Persistent link: https://www.econbiz.de/10011562430
Persistent link: https://www.econbiz.de/10011290942
This study explores the investment behavior of underperforming chief executive officers (CEOs) on merger frequency and … the effect on acquirers’ shareholder wealth of merger bids in U.S. industrial firms. We find that underperforming CEOs are … wealth, we find that there is no evidence to indicate that underperforming CEOs perform more poorly with a merger bid …
Persistent link: https://www.econbiz.de/10014353352
Persistent link: https://www.econbiz.de/10014470717
Persistent link: https://www.econbiz.de/10014327809
This paper examines changes in acquirer and target companies' Credit Default Swap (CDS) spreads as a proxy for default risk around official mergers and acquisitions (M&A) announce-ments. Related literature extensively documents wealth effects triggered by M&A from the shareholders' perspective,...
Persistent link: https://www.econbiz.de/10012843225
. Therefore, this study aims to close this gap by exploring the effect of merger announcements on CDS spreads empirically. A …
Persistent link: https://www.econbiz.de/10012852376
Persistent link: https://www.econbiz.de/10014446816
This study explores the behavior of underperforming chief executive officers (CEOs) on merger frequency and the effect … on acquirers’ shareholder wealth of merger bids in U.S. industrial firms from 1994 to 2018. We find that underperforming … perform more poorly with a merger bid. Further, we find that rankings of underperforming CEOs who engage in acquisitions are …
Persistent link: https://www.econbiz.de/10014256726