Search Results - subject:"method of payment"

Does the organisational form of the target influence market reaction to acquisition announcements? : Australian evidence

Shams, Syed M. M.; Gunasekarage, Abeyratna; Colombage, … - In: Pacific-Basin finance journal 24 (2013), pp. 89-108

Persistent link: https://www.econbiz.de/10010346789

Impact of industry characteristics on the method of payment in mergers

García-Feijóo, Luis; Madura, Jeff; Ngo, Thanh - In: Journal of Economics and Business 64 (2012) 4, pp. 261-274

Most research that attempts to explain the method of payment used in mergers focuses on firm-specific characteristics …, but ignores the influence of industry characteristics. We investigate how industry factors influence the method of payment … characteristics on the method of payment varies with industry conditions. For example, the association between the bidder's free cash …

Persistent link: https://www.econbiz.de/10011065968

Determinants of earnout as acquisition payment currency and bidder’s value gains

Barbopoulos, Leonidas; Sudarsanam, Sudi - In: Journal of Banking & Finance 36 (2012) 3, pp. 678-694

with our model of the choice of the optimal method of payment. Overall, we provide robust evidence that earnout is an …

Persistent link: https://www.econbiz.de/10010577947

Taking stock or cashing in? Shareholder style preferences, premiums and the method of payment

Burch, Timothy R.; Nanda, Vikram; Silveri, Sabatino - In: Journal of Empirical Finance 19 (2012) 4, pp. 558-582

predicted cash and stock premiums due to these factors significantly explains the method of payment choice. …We develop and test hypotheses on the impact of target shareholders' investment style preferences on the method of … payment and premiums in acquisitions. Stock offers (unlike cash offers) allow target shareholders to defer capital gains taxes …

Persistent link: https://www.econbiz.de/10010942986

Long‐term share performance of Malaysian acquiring firms

Siew Peng, Lee; Isa, Mansor - In: Managerial Finance 38 (2012) 10, pp. 958-976

acquirer returns in relation to target status, method of payment and other firm characteristics, using both univariate and …‐size acquisitions. Furthermore, the results indicate that acquirer's long‐term performance is not related to the method of payment and …

Persistent link: https://www.econbiz.de/10014940262

Long-term share performance of Malaysian acquiring firms

Peng, Lee Siew; Isa, Mansor - In: Managerial Finance 38 (2012) October, pp. 958-976

acquirer returns in relation to target status, method of payment and other firm characteristics, using both univariate and …-size acquisitions. Furthermore, the results indicate that acquirer's long-term performance is not related to the method of payment and …

Persistent link: https://www.econbiz.de/10010611000

What are the causes and effects of M&As? : the UK evidence

Guo, Jie Michael; Petmezas, Dimitris - In: Multinational finance journal : MF ; quarterly … 16 (2012) 1/2, pp. 21-47

Persistent link: https://www.econbiz.de/10010257555

Taking stock or cashing in? : shareholder style preferences, premiums and the method of payment

Burch, Timothy R.; Nanda, Vikram; Silveri, Sabatino - In: Journal of empirical finance 19 (2012) 4, pp. 558-582

Persistent link: https://www.econbiz.de/10009615661

How have M&As changed? : evidence from the sixth merger wave

Alexandridis, George; Mavrovitis, Christos F.; Travlos, … - In: The European journal of finance 18 (2012) 7/8, pp. 663-688

Persistent link: https://www.econbiz.de/10009666503

Deviation from the target capital structure and acquisition choices

Uysal, Vahap B. - In: Journal of Financial Economics 102 (2011) 3, pp. 602-620

This study finds that managers take deviations from their target capital structures into account when planning and structuring acquisitions. Specifically, firms that are overleveraged relative to their target debt ratios are less likely to make acquisitions and are less likely to use cash in...

Persistent link: https://www.econbiz.de/10010571686