This paper empirically examines the post-merger performance of a sample of 1,320 European mergers and acquisitions … deals. Specifically, we investigate the impact of pre-merger earnings management of acquirers on both the short-term and … long-term post-merger performance, for M&A deals completed between 2003-2012, considering both the form of payment and the …

target firm's listing status. The empirical evidence documented in this study suggests that management teams engage in pre-merger … compensate for the higher information asymmetry. This earnings management procedure leads to higher takeover premia even after …

1999 to 2006. Applying propensity score matching techniques we estimate positive wage premia of cross-boarder merger and …

It is commonly perceived that firms do not want to be outsiders to a merger between competitor firms. We instead argue … that it is beneficial to be a non-merging rival firm to a large horizontal merger. Using a sample of mergers with expert … merger announcement date. Further, we find that the stock reaction of rivals to merger events is not sensitive to merger …

evaluating economic effects of merger and acquisitions (M&A). This framework allows to consider the variation in treatment …

-border deals was market players’ response. Measuring of post-merger performance alterations is a central question of M&A literature …

The study examines the value creation of Merger and Acquisition (M&A) deals in European Banking from 1990-2004. This is …