Before completing merger and acquisition (M&A) transactions, acquiring firms conduct due
diligence. This process provides acquiring firms with a more informed assessment of the …

We examine the impact of earnings announcements on the value of shareholder voting
rights (voting premium) estimated using a new technique that exploits option prices. We find …

“Investment is the fundamental source of firm value and economic growth.” 1 In principle,
investments can be defined as cash spendings for the purpose of generating future income …

In cases of mergers and acquisitions, anti-tax loss trafficking rules aim to prevent loss
trafficking between firms and may result in the expiration of the target's accumulated tax loss …

The primary reason for mergers and acquisitions is to achieve synergy and establish
competitive advantages. A firms' innovation in form of intangible assets gets accumulated …

This study provides evidence on how takeover decisions are influenced by the target
country's leadership style. Using a sample of failed and completed deals across 45 countries …

This research employs an Exploratory Sequential Design methodology to explore the import
barriers that are confronted by importers of Pakistan and comprehend factors that …

Le operazioni di aggregazione aziendale rappresentano un fenomeno di sicuro interesse in
ragione delle dimensioni economiche che hanno assunto a livello globale e degli effetti che …

Using a unique sample of firms that volitionally seek a sale or merger, I explore target firm
motives and bidders' selection of targets. I find that potential target firms have recent poor …

This paper explores why firms seek strategic alternatives, effectively putting themselves up
for sale in the market for corporate control. Using a sample of firms that are observed to be …