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We investigate the impacts of cultural environment on mergers and acquisitions (M&A) in the U.S. To measure the cultural environment of a firm, we use several variables of cultural dimension widely adopted in the literature, such as the percentage of religious adherents and the percentage of...
Persistent link: https://www.econbiz.de/10013045364
We study how globalization has changed the source and aggressiveness of inside trading around the world and identify …
Persistent link: https://www.econbiz.de/10012936748
This paper examines whether global insurance mergers and acquisitions (M&As) create value for shareholders by conducting an event study of M&A transactions for the period 1990-2006. Insurance acquirers realized small positive cumulative average abnormal returns (CAARs), whereas targets realized...
Persistent link: https://www.econbiz.de/10012937508
This paper presents a broad retrospective evaluation of mergers and merger decisions in the digital sector. We first … theories of harm in major merger cases in the past few years. We then analyse the characteristics of almost 300 acquisitions … important merger cases, Facebook/Instagram and Google/Waze, providing a systematic assessment of the theories of harm considered …
Persistent link: https://www.econbiz.de/10012857952
This paper fills a gap in the existent literature on the determinants associated with the likelihood of being involved in mergers and acquisitions (M&As) by insurance firms. We investigate firm factors for both becoming a target or becoming an acquirer using a detailed database of the Spanish...
Persistent link: https://www.econbiz.de/10012858969
Persistent link: https://www.econbiz.de/10011628404
after merger announcement, the passage of time is informative about the probability that the merger will ultimately complete …
Persistent link: https://www.econbiz.de/10013065551
telecommunications merger and acquisitions activity, and account for many mergers with huge welfare implications. The results of this …
Persistent link: https://www.econbiz.de/10014167269
implications of this merger activity, the changing size of enterprises; the degree to which such mergers are occurring in the same … four-digit industries; and the probability that these merger activities will bring about a permanent change in the market …
Persistent link: https://www.econbiz.de/10014138796
Harris and O’Brien (2018) investigate whether U.S. tax policy distorts U.S. multinationals’ (MNCs) investment. They find that MNCs facing higher repatriation tax costs engage in fewer domestic acquisitions. The study re-examines the results in two prior studies that found no effect (Hanlon...
Persistent link: https://www.econbiz.de/10013248899