This paper provides an overview of the academic literature on the market for corporate
control, and focuses specifically on firms' performance around and after a takeover. Despite …

Over the past few decades, the rapid growth of mergers and acquisitions (M&As) has
received interest from academics and practitioners. While M&As continue to be the subject of …

This study examines the role of gender-diverse boards in preserving cash holdings during
crises. Using a sample of UK firms during the COVID-19 period, we find that firms with more …

This paper analyses the recent global financial crisis in the context of the dual processes of
market development and regulation. It discusses how, in the absence of a globally …

We investigate the effects of target initiation in M&As. We find target-initiated deals are
common and that important motives for these deals are target economic weakness, financial …

We examine whether managerial overconfidence can help explain the observed
discrepancies between the theory and practice of corporate risk management. We use a …

This paper investigates the relationship between sovereign wealth fund (SWF) investment
and the return-to-risk performance of target firms. Specifically, we find that target firm raw …

We investigated the relationship between corporate environmental, social, and governance
(ESG) performance and litigation risk by examining US class action lawsuits. We found that …

Purpose This study aims to explore the sources of synergy gains in European mergers and
acquisitions (M&A) from 2010 to 2021, focusing on both traditional and emerging synergies …

The bail-in mechanism limits government's assistance to banks by restricting the access of
equity and unsecured debt to rescue plans in favor of banks. I analyze the salient events …