Evidence on the relationship between state ownership and performance in China's privatized firms is convex, concave and linear. Hence, the nature of this relationship is not resolved. This study examines this relationship for a larger, more recent sample of 4315 firm year observations of...

This study analyses the wealth effects related to Merger and Acquisition (M&A) announcements in the Canadian financial services industry. This study more broadly portrays the Canadian M&A experience in examining a sample of 161 M&A deals from 1997 to 2000. Overall, M&A is related to significant...