The performance and motivation of serial acquisitions: Evidence from Australia
Sign Up to like & getrecommendations! Published in 2021 at "International Review of Financial Analysis"
DOI: 10.1016/j.irfa.2021.101827
Abstract: Abstract Using 2696 acquisition announcements reported in Australia between 2000 and 2016, we document lower stock returns but higher risk for deals made by serial acquirers compared to those made by single acquirers after controlling… read more here.
Keywords: motivation; performance motivation; serial acquisitions; acquisitions evidence ... See more keywords
Punished banks' acquisitions: Evidence from the U.S. banking industry
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DOI: 10.1016/j.jcorpfin.2019.07.014
Abstract: We study whether formal enforcement actions, imposed on U.S. banks during 2000–2014 for serious financial safety and internal control problems, affect the probability that punished banks become targets of mergers and acquisitions (M&As). We find… read more here.
Keywords: finance; evidence banking; banks acquisitions; banking industry ... See more keywords
The Value of CSR in Acquisitions: Evidence from China
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DOI: 10.3390/su13073721
Abstract: In this paper, we aim to test whether and how corporate social responsibility (CSR) is valued in merger and acquisition (MA (ii) high-CSR acquirers are inclined to choose equity payments, while high-CSR acquisition targets prefer… read more here.
Keywords: csr; high csr; value csr; acquisitions evidence ... See more keywords