This paper develops a useful, robust, and reliable scoring methodology to determine a country's capability to develop and sustain mergers and acquisitions (M&A) activity on the basis of publically available and continuously updated information. Due to the global economic downturn in 2008-2009,...

Corporate communication during an M&A transaction is one of the biggest challenges for all of the stakeholders involved. This article analyses the importance of communication in M&A deals and its significance in the early stages of the transaction. It discusses the factors associated with the...

This paper discusses acquisitions of distressed and bankrupt concerns. It starts with a description of the different types of targets (healthy, distressed, bankrupt) and provides insightful comparisons of deal and firm characteristics using the above classification, while recognizing the...

This paper examines the M&A strategy of firms during the first year in office following the appointment of a new CEO and its effect on longer-term firm performance. Using a unique sample of large European listed companies, the results show that CEOs of UK firms execute more deals than their...

Using a unique and proprietary database of Chinese cross-border mergers and acquisitions into the UK from 2012 to early 2016, this paper investigates the short-term performance of UK cross-border mergers and acquisitions acquired by Chinese publicly-listed companies. Using event study analysis...

The purpose of this study is to construct a multi-factor behavioural model which can be applied to the research of behavioural trends in senior managers’ decision-making processes in M&A. Based on the academic analysis of Shefrin, Greenspan and empirical observations, a multi-factor...

The issue of the separation of the roles of Chief Executive Officer (CEO) and Chairman of the Board (COB) has been at the centre stage of various corporate governance guidelines. While in the US, these roles are typically combined, in the UK companies are advised to split them following the...

This study investigates the stock price performance of all listed firms that filed for Administration and Administrative Receivership in the UK between 1996 and 2003. Using event study methodology, we find a significant negative market reaction to Administrative Receivership filings but not to...

In this paper I compare the bankruptcy bargaining process amongst different creditors and equity-holders, for firms with only one plan of reorganisation with those with multiple plans of reorganisation. I find that the class of unsecured creditors is the driving force in this renegotiation. The...