Competitor risk disclosure and firm M&A activities: evidence from textual analysis

K Liao, Z Wang, B Ma - Applied Economics Letters, 2024 - Taylor & Francis
This paper investigates the impact of competitor risk disclosure on M&A activities of Chinese
firms. By analysing 32,364 firm-year observations over 2007–2021, we find that competitor …

Product market conditions and the decision to acquire private versus public targets

S Farida, JP Fidrmuc, P Roosenboom - Available at SSRN, 2024 - papers.ssrn.com
We examine how product market competition and predation risk impact a firm's decision to
acquire a public versus a private target. We hypothesize that competitive pressures and …

Industry Peer Information and the Equity Valuation Accuracy of Firms Emerging from Chapter 11

B Fang, S Saiy, D Vyas - Management Science, 2024 - pubsonline.informs.org
Valuation plays a central role in determining Chapter 11 reorganization outcomes. However,
obtaining accurate valuation estimates of reorganized firms is challenging because of …

A complementary valuation model: Integrating growth dynamics and exit multiples

HG Kang, D Ryu - Available at SSRN 5023749, 2024 - papers.ssrn.com
This study suggests a valuation framework resolving inconsistencies in recursive models by
integrating growth dynamics and exit multiples. Traditional methods, such as discounted …