Do Chinese managers listen to the media?: Evidence from mergers and acquisitions
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DOI: 10.1016/j.ribaf.2021.101458
Abstract: Abstract This study investigates whether listed companies in China are sensitive to public media coverage when making investment decisions regarding mergers and acquisitions (M&As). We find that the likelihood of abandoning a proposed M&A transaction… read more here.
Keywords: managers listen; mergers acquisitions; chinese managers; media evidence ... See more keywords