This paper examines how the target's customer concentration affects merger performance. We find that the acquirer purchasing a customer-concentrated firm experiences significantly lower announcement return and worse long-run stock performance. The effect is more pronounced when the customers...

The main purpose of this study is to examine: (1) The dynamic changes in cost containment and quality that have occurred under the National Health Insurance (NHI) program in Taiwan; (2) The trade-off effect relationship between cost and quality. This paper uses an empirical model to look at data...

This paper empirically examines how sustainability-oriented social responsibility influences corporate innovation quantity and radical innovation from the perspectives of environment- and employee-oriented social responsibility. Both forms of social responsibility are found to contribute...

The US mortgage market is of paramount economic and financial importance. While the causes of the Global Financial Crisis (GFC) remain a subject of vigorous debate, lax lending standards and opacity surrounding innovations in securitization are often cited as central issues. A decade following...

This paper studies the merger and acquisition ("M&A" hereafter) in the Internet industry, and constructs a theoretical model to anatomize the motivations of the M&A and the factors that impact the performance of M&A. The model analyzes three motivations on M&A: Synergistic Effect Motivation,...

International students are part of the rapid expansion in public health program enrollment, increasing by 67 percent from 2000 to 2012. However, this growth has been slower than that of domestic students, and enrollments are disproportionate across institutions. This article discusses current...

In the midst of worldwide competition, higher education institutions (HEIs) aim to attract more STEM students. Until now, the U.S. has maintained its dominance and seen a 27 percent increase in international STEM enrollment over the past five years. However, growth varies significantly by...

The global student mobility landscape is in constant flux and is often beyond the control of higher education institutions (HEIs). In addition to the external factors, post-recession budget cuts, primarily in U.S. public higher education, have prompted many institutions to actively recruit...