Boubakri, Narjess; Dionne, Georges; Triki, Thouraya - Centre Interuniversitaire sur le Risque, les Politiques … - 2006
We examine the long run performance of M&A transactions in the property-liability insurance industry. We specifically investigate whether such transactions create value for the bidders' shareholders and assess how corporate governance mechanisms affect such performance. Our results show that M&A...