Despite the long-standing research interest in the pre-deal phase of mergers and
acquisitions, many important questions remain unanswered. We review and synthesize the …

Shareholder value creation from hedge fund activism occurs primarily by influencing
takeover outcomes for targeted firms. Controlling for selection decisions, activist …

Chief executive officer (CEO) narcissism affects the takeover process. Acquirer shareholders
react less favorably to a takeover announcement when the target CEO is more narcissistic …

This study investigates the retention of target CEOs in the aftermath of acquisitions by
comparing target founder and professional CEOs. Considering insights from resource …

We hypothesize that prior evidence of target shareholder capital gains tax liabilities affecting
acquisition features is driven by the tax liabilities of the target firm CEO. To test this, we …

Target shareholders have the right to ask for a higher merger price if good news emerges
after a merger agreement. This “appraisal right” varies with state law and was substantially …

We investigate the takeover strategies of high default risk acquirers and their value impact.
We find that these bidders select bigger, less profitable and unrelated targets, pursue …

O objetivo geral deste artigo foi realizar uma revisão bibliográfica sistemática nos artigos
disponíveis na base Web of science que pesquisaram o gerenciamento de resultados (EM) …

This study investigates how the government's industry policies affect investor sentiment, and
whether the influenced investor sentiment guides corporate capital flow in the real economy …

Theoretical Study Page 1 Does Revlon Matter? An Empirical and Theoretical Study Matthew D.
Cain*, Sean J. Griffith**, Robert J. Jackson, Jr.***, and Steven Davidoff Solomon**** We …