Similar Search Results

Corporate Cultural Spillover and Synergistic Gains : Evidence from Mergers and Acquisitions

Lu, Weijie - 2016

Recent research has documented that firms' social performances have huge impacts on mergers and acquisitions (M&A) outcomes. Using a large sample of U.S public firm data, I test several theories of whether and how the cultural differences measured by adjusted corporate social responsibility...

Persistent link: https://www.econbiz.de/10013004555

Cross-Border Mergers and Acquisitions and Default Risk

Koerniadi, Hardjo - 2014

Using a cross-country sample of mergers and acquisitions, we examine the role of cultural, institutional, geographic and managerial factors on post-merger default risk. Our results are consistent with the asymmetric hypothesis that managers take advantage of the overvaluation and volatility of...

Persistent link: https://www.econbiz.de/10013058826

Corporate Cultural Spillover and Synergistic Gains : Evidence from Mergers and Acquisitions

Lu, Weijie - 2015

Persistent link: https://www.econbiz.de/10013017220

Mergers & Acquisitions and the Acquirer-Target Cultural Differences

Fong, Wai Ming - 2014

We investigate the impacts of cultural environment on mergers and acquisitions (M&A) in the U.S. To measure the cultural environment of a firm, we use several variables of cultural dimension widely adopted in the literature, such as the percentage of religious adherents and the percentage of...

Persistent link: https://www.econbiz.de/10013045364

Utilizing Management Technology Advantages in Cross-Border Acquisitions

Demir, Tolga - 2018

A growing literature documents that management quality accounts for an important portion of the differences in productivity across firms and countries. One route through which management practices could affect productivity is through mergers and acquisitions. In this paper, I investigate the...

Persistent link: https://www.econbiz.de/10012931891

The Effect of Cultural Similarity on Mergers and Acquisitions : Evidence from Corporate Social Responsibility

Bereskin, Frederick L. - 2018

We study the effect of corporate cultural similarity on merger decisions and outcomes. Using the similarity in firms' corporate social responsibility characteristics to proxy for cultural similarity, we find that culturally similar firms are more likely to merge. Moreover, these mergers are...

Persistent link: https://www.econbiz.de/10012934644

Mergers and Acquisitions Across Cultures

Ahmad, Muhammad Farooq - 2015

We study international mergers and acquisitions from a cross-cultural perspective. We examine in particular (i) which types of cultures are more likely to carry out acquisitions in a different culture to their home society and (ii) which are more likely to complete deals. We use the culture...

Persistent link: https://www.econbiz.de/10013033987

Corporate Parenthood : Private Equity Duties and Portfolio Company Rights

Kim, Sung Eun (Summer) - 2015

Firms use the labels of family relationships, such as parent companies, sister banks and brother-sister controlled groups. This article considers whether there are additional insights underlying such labels that could be portable to the corporate context, using the private equity (P-E) led...

Persistent link: https://www.econbiz.de/10013034088

Employee-Friendly Acquirers and Acquisition Performance

Ertugrul, Mine - 2015

This paper investigates the relationship between the employee-friendly practices of the acquiring firm and the acquisition performance. I find a positive relationship between employee friendliness of the acquirer and acquisition performance. Employee friendliness of the acquirer is also...

Persistent link: https://www.econbiz.de/10013037402

Too Much of a Good Thing? Corporate Social Responsibility and the Takeover Market

Fairhurst, Douglas J. - 2020

We examine the relation between corporate social responsibility (CSR) and firm value using the takeover market as an … experimental setting. Firms with extreme CSR policies experience a greater likelihood of takeover and lower wealth gains in … motivations for mergers and are evident in sub-samples where CSR is arguably more important. The takeover market acts as a …

Persistent link: https://www.econbiz.de/10012849504