China's short stock market history has already seen three merger waves, yet little is known of the performance drivers … measure. A larger acquirer size is associated with a larger takeover size, but a lesser target ratio is relative to the size …

We conduct an event study to assess the stock market evaluation of public takeover announcements. Unlike the majority … the acquirer's post-acquisition dependence on continued access to the IPO-firm founders' target-specific human capital …

This Paper compares the financing of new ventures in start-ups (entrepreneurship) and in established firms … can arise (and sometimes coexist). In a low (high) entrepreneurship equilibrium, the market for failed entrepreneurs is … (entrepreneurship). We also characterize conditions under which there can be too little or too much entrepreneurial activity in …

-renowned leader in innovation and entrepreneurship. The country's legal environment is an important basis for this success. It allows …