Ottolenghi, Ezgi H. - In: Journal of entrepreneurial finance : JEF ; official … 25 (2023) 1, pp. 1-33
We examine the relation between ownership structure and M&A target selection when family firms pursue public firm … reacts more positively to these family firm acquisitions at announcement and out to one year. It is family firm target … selection skill along with negotiation skill that leads to the favorable market reception. …