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In the spirit of Merton (1987) we find that targeted communication by firms raises investor attention. Continental European firms using English-language commercial press wires to disseminate corporate press releases exhibit less drift and more trading volume after their earnings announcements...
Persistent link: https://www.econbiz.de/10010960591
Purpose – The purpose of this paper is to develop the concept of managerial controversy. This concept focusses on organizational disagreements in order to understand the emergence of organization, and also postulates that researchers can better understand organizational phenomena through the...
Persistent link: https://www.econbiz.de/10010960592
The research shows that banking relationships are important to lending. However, few studies focus on the banking relationships in syndicated loans, although these loans have became a major source of financing. The last financial crisis clearly shows the impacts of credit rationing and...
Persistent link: https://www.econbiz.de/10010960595
Persistent link: https://www.econbiz.de/10010960597