This study presents an analysis of publication patterns and major themes in research on
mergers and acquisitions in finance and accounting. We find that takeovers as mechanisms …

In recent years, an increasing number of Chinese firms have been engaged in acquisitions
both inside and outside of China. Nevertheless, our understanding of Chinese merger and …

This paper provides an overview of the academic literature on the market for corporate
control, and focuses specifically on firms' performance around and after a takeover. Despite …

We study the impact of corporate social responsibility (CSR) on firm misvaluation in the US.
Our results indicate that a firms Environmental, Social and Governance (ESG) profile …

Prior work has established that entrenched managers make value-decreasing acquisitions.
In this study, we determine how they destroy that value. Overall, we find that value …

We examine the effect of directors' and officers' liability insurance (D&O insurance) on the
outcomes of merger and acquisition (M&A) decisions. We find that acquirers whose …

We examine merger and acquisition (M&A) transactions in which the acquirer and the target
share a common auditor. We predict that a common auditor can help merging firms reduce …

The more the target knows about the bidder, the more difficult is paying the target with
overpriced bidder shares. Thus, when bidders are opportunistic, the fraction of stock in the …

Spreads on new and renegotiated corporate loans are significantly higher when the loan
originates (or is renegotiated) in the two years surrounding bankruptcy filings by industry …

We explore the governance effect of short-selling threat on mergers and acquisitions (M&A).
We use equity lending supply (LS) to proxy for the threat, as short sellers incentives to …