Do managers learn from the market? Firm level evidence in merger investment
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DOI: 10.1016/j.frl.2016.07.005
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Citations
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Cited by:
- Tianxu Jiang & Min Zhu, 2021. "The impact of innovation on companies’ cross-border mergers and acquisitions: evidence from China," Quality & Quantity: International Journal of Methodology, Springer, vol. 55(3), pages 969-991, June.
- Quynh Trang Phan & Poomthan Rangkakulnuwat, 2022. "How price informativeness affects the sensitivity of investment-to-stock price in Vietnamese listed firms," Afro-Asian Journal of Finance and Accounting, Inderscience Enterprises Ltd, vol. 12(1), pages 28-61.
- Zhang, Rongrong, 2023. "Stock price informativeness and supplier trade credit extensions," The Quarterly Review of Economics and Finance, Elsevier, vol. 90(C), pages 284-294.
- Li, Peixin & Li, Frank Weikai & Wang, Baolian & Zhang, Zilong, 2018. "Acquiring organizational capital," Finance Research Letters, Elsevier, vol. 25(C), pages 30-35.
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More about this item
Keywords
Stock price firm-specific informativeness; Merger investments; Managers learn from the market; Merger-investment-to-q sensitivity;All these keywords.
JEL classification:
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
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