We contribute to the corporate social responsibility (CSR) literature by investigating whether
the CSR of acquirers impacts mergers and acquisitions (M&A) completion uncertainty. Using …

We argue and demonstrate empirically that a firm's institutional and legal context has first‐
order effects in tests that use state antitakeover laws for identification. A priori, the size and …

Using a large sample of Chinese companies' domestic M&A, this study provides new
evidence on the financial payback of corporate ESG and its dynamics. We find that …

Within the context of corporate governance reform, this paper aims to present a review of the
two opposing views of board-level worker representation (BLWR) and the underlying …

This article surveys the recent literature on boards of directors and the interplay between
director incentives and CEO incentives. The primary focus is on how the incentives and …

A modern view of stakeholder theory considers that ethical behaviour and profit are not
contradictory. Under this framework and in the Merger and Acquisitions context we would …

This paper studies how the human capital embedded in rank-and-file employees affects
firms' stock price crash risk. Employing a unique setting in China where we measure human …

This study examines whether and how employee treatment affects corporate investment
efficiency. Using a sample of Chinese listed firms from 2010 to 2020, we provide evidence …

ABSTRACT Research Question/Issue The allocation of return and control rights to
employees has been somewhat overlooked in governance literature, but it has garnered …

In this study, we examine the role of acquiree firms' environmental, social, and governance
(ESG) performance in affecting hostile takeover threats from acquiring firms. Our results …