Minority shareholder activism and its ex-ante monitoring role in corporate M&A decisions: Evidence from China
Y Chen, Y Liu, KJ Lin, D Luo - Pacific-Basin Finance Journal, 2024 - Elsevier
Minority shareholder protection is especially important in countries with weak institutions.
Prior studies indicate that social media facilitates minority shareholder activism by …
Prior studies indicate that social media facilitates minority shareholder activism by …
Serving the truth: Do directors with media background improve financial reporting quality?
This study examines whether and how independent directors with media background affect
financial reporting quality. Using a proprietary dataset of independent directors' …
financial reporting quality. Using a proprietary dataset of independent directors' …
Voting by mouth: Media attention and environmental governance
P Shi, L Yin, C Wu - Environmental Science and Pollution Research, 2023 - Springer
External regulation is crucial for environmental protection. This study investigates the impact
of media attention on corporate environmental governance from 2011 to 2021, using China's …
of media attention on corporate environmental governance from 2011 to 2021, using China's …
Uneasy lies the head that wears a crown: Firm network status and market response to negative rumors
This study investigates whether firm status in networks is a burden in the context of negative
rumors. We use a network approach to capture firms' network of affiliations through cross …
rumors. We use a network approach to capture firms' network of affiliations through cross …
The governance effects of social media engagement on M&A outcomes: Evidence from China
W Chen, Y Liu, S Liu, Y Chen, P Zhang - Journal of International Financial …, 2024 - Elsevier
This paper examines the governance effect of minority shareholder social media
engagement on merger and acquisition (M&A) outcomes. First, using a sample of Chinese …
engagement on merger and acquisition (M&A) outcomes. First, using a sample of Chinese …
Do media connections help? Evidence from IPO pricing in China
This study examines how social connections between media executives and firms affect
initial public offering (IPO) pricing using manually collected Chinese data. We find media …
initial public offering (IPO) pricing using manually collected Chinese data. We find media …
[HTML][HTML] The information value of M&A press releases
How do managers comment on merger transactions? By analyzing the initial public
announcements of mergers and acquisitions (M&As) from 1995 through 2020 and extracting …
announcements of mergers and acquisitions (M&As) from 1995 through 2020 and extracting …
Dispersion in News Sentiment and M&As Outcomes
We suggest that dispersion in news sentiment, representing the dispersion in informative
M&A performance forecasts, effectively captures M&A information uncertainty, disseminates …
M&A performance forecasts, effectively captures M&A information uncertainty, disseminates …
Friends in media: Implications of media connections for analyst forecast optimism
We investigate the effect of corporate executives' connections with financial media on
analyst forecast optimism. Some studies document that managers use their connections to …
analyst forecast optimism. Some studies document that managers use their connections to …
Analyst recommendations, acquirer's valuation, and M&A performance: evidence from China
Y Chen, J Lu, Y Shahab - Applied Economics, 2024 - Taylor & Francis
This study investigates the effects of premerger analyst recommendations on mergers and
acquisitions (M&A) announcement returns. We find that M&A announcement returns …
acquisitions (M&A) announcement returns. We find that M&A announcement returns …