This paper investigates the impact on deal outcomes of the presence of M&A top executives with a job title related to external growth. Using a sample of 10,818 US deals between 1993 and 2019, our results show that such presence is negatively associated with bidder gains. These bidders also...

Afin d’apprécier les réactions des marchés d’actions de la zone euro aux annonces nonanticipées de la Banque Centrale Européenne (BCE), nous procédons à une étude d’événementautour des annonces non anticipées sur le principal taux de refinancement de la BCE sur lapériode...

During mergers and acquisitions, the CEOs of the acquiring firms are likely to cancel the deal if the market does not react favorably to its announcement. Using a sample of French acquisition announcements during the period from 2000 to 2005, this paper studies the conditions in which CEOs are...

We empirically investigate the determinants of sovereign bond spreads in the euro area since the beginning of the crisis. We combine economic but also political uncertainty variables for three different groups of countries. We took into account an institutional shift in the spring 2010. Before...