We examine whether political corruption impedes mergers and acquisitions (M&As) decisions. Using a comprehensive sample … of Chinese firms, we find that corruption has a substantial, negative relation with the firm acquisitiveness. Further … attenuated by the Anti-corruption Campaign in 2012. Our results exist after a series of robustness tests. Additional tests show …

legal provisions of acquisition agreements to address the distinctive risks facing each merger. But the empirical question … details of the legal terms of acquisition agreements. Our approach leverages the fact that merger announcements (which lay out … a merger have strong incentives to complete the deal regardless of what legal contingencies are triggered. We argue that …

in the wake of the Great Depression and have been instrumental in these markets’ long standing as the world’s deepest and …

difference-in-difference approach. Our results show that ETS implementation leads to significantly less cross-border merger and …

-level uncertainty is characterized by a pecking order: the announcement of a domestic takeover leads to a reduction in the uncertainty …

syndicate, and have a higher rate of merger success. Also, the founders of shipping SPACs tend to be, on average, younger than … listing and receiving SPAC's cash. The fact that some SPACs in our sample went private soon after the merger makes us believe …