We examine the extent to which digital rights management (DRM) system impacts on mergers and acquisitions’ (M&A) due diligence. We use hand-collected data comprising the full dataset of digital M&A and patent M&A. To measure the performance of target firm at due diligence phase, we introduce...

Wie lässt sich der Einfluss der Bestände an liquiden Mitteln eines Unternehmens auf seine Investitionsentscheidungen theoretisch erklären? Während im Idealfall in der Theorie keine Abhängigkeit besteht, ist diese in der Praxis aufgrund von allgegenwärtigen Friktionen sehr relevant. Stefan...

Research on media and finance has recently gained momentum due to the importance of information in the pricing process. This study systematically reviews the literature on the role of media in finance, in general, and on the relationship between media coverage and various aspects of mergers and...

The impact of bank-affiliated venture capital (BVC) on the performance of FinTech firms is investigated in this study. Grounded in the strategic and complementarity-based behavior of banks and employing a resource-based view (RBV), it is explored whether BVC-backed FinTech firms outperform their...

This systematic review examines the intricate relationship between digital transformation and the performance of firms and managers, and the economic conduits through which these influences propagate. Various analytical methods were utilized, including a thematic evolution map that revealed...

Recent research has revealed an increasing share of migrant founders in European tech-based startups. We empirically examine the effect of migrant entrepreneurship on Fintech funding and performance around venture capital (VC) investments in Europe (EU). Based on a quantile analysis, we argue...

This paper examines the effect of bank-affiliated venture capital (BVC) on FinTech. Drawing on banks' strategic and complementarity-based behavior, the study tests whether BVC-backed FinTech outperforms non-BVC-backed ones and whether this outperformance is driven by either the screening or...