strengthened creditor rights on corporate mergers and acquisitions (M&A). We find that, following the passage of AR laws, firms …

for the CEO), governance spillovers from cross-border mergers (are there any?) and, finally, the returns to merger … issues such as the nature of aggregate merger activity (merger waves), market valuation effects of merger announcements (the … stock price performance of bidder and target firms), and the nature of the sources of merger gains in the context of …

merger deals. An earn-out is payment for performance after the deal is sealed. The buyer and the seller contractually agree …

Using a structural model, I estimate the value gain from coinsurance when two firms merge. For most mergers, the … that coinsurance is not the primary motivation for most mergers. Diversifying mergers produce no higher coinsurance than … related mergers. Target leverage and relative size predict coinsurance better than cash flow correlation. The cumulative …

This study analyzed activism that leads to a merger or acquisition (M&A) of a firm to see its benefits for the …

This paper examines timing of reverse mergers (takeovers) and behaviour of managers of firms that go public in reverse … mergers. Results suggest that small private firms go public through mergers with financially distressed firms when market …. Managers of private firms that go public through a reverse takeover mechanism - both small and large - sell overvalued equity …