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This study investigates whether conference calls accompanying M&A announcements in Europe provide valuable information for capital market participants and hence induce an abnormal stock price revaluation on the bidder’s equity. Based on handpicked data for transactions between 2008 and 2012 we...
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Chinese shareholders are sensitive to the disclosure of environmental violations. Specifically, the issue is measured by the … results reveal that, facing an environmental violation, Chinese shareholders react negatively. The negative reaction becomes …
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