This note examines whether prices fully reflect value creation or destruction at the time of the acquisition announcement when samples are split into listed and unlisted target firms as previous international results are ambiguous about this subject. We find that the Spanish market fully react...

In this research we investigate whether there is a relationship between the ethical behaviour of insurance brokers and their operating performance. Specifically, we focus on the practice of deferring the premiums charged to clients in order to invest them in short–term financial products and,...

Spanish Abstract: Este estudio plantea en qué medida afecta a un corredor de seguros la gestión de cobro de las primas que intermedia dentro del mercado asegurador. Si bien la actividad de un corredor de seguros se caracteriza por su elevada autonomía, este hecho podría suponer soportar más...