The impact of digital transformation, a profound organizational change within firms, on
corporate capital structure is not well understood. Using a sample of publicly listed …

This paper investigates how performance commitment clauses in mergers and acquisitions
(M&As) influence the corporate liquidity of acquiring firms. Using a comprehensive dataset of …

This article analyzes characteristics of takeover targets in the European market—relatively
less studied compared with US and UK markets—to develop a takeover prediction model …

We investigate the impact of government ownership on the innovativeness of European
listed firms. We find that firms with minority government stakes invest more in research and …

This thesis represents the first academic endeavour to investigate the impact of labour
market friction on corporate performance in a global context. In traditional neoclassical …

This paper investigates how performance commitment clauses in mergers and acquisitions
(M&As) influence the corporate liquidity of acquiring firms. Using a comprehensive dataset of …

The evaluation of privately held companies has received significant attention in mergers and
acquisitions research. While there is a common belief among academics, practitioners …

Exploiting a government-initiated deleveraging program, we investigate how marginal
corporate tax rate affects corporate policy changes in response to a credit shock. We find …

30 Land is the basis for human survival, and sustainable land use is a crucial element for
economic 31 development (Liu, 2018, Li et al., 2018). Rapid urbanization is a feature of …