Results 141 to 150 of about 3,940 (312)

One‐Way Versus Two‐Way Postacquisition Integration Efforts: Theory and Evidence

open access: yesJournal of Economics &Management Strategy, EarlyView.
ABSTRACT We develop a theory of postacquisition integration that distinguishes between one‐way (acquirer‐only) and two‐way (mutual) effort strategies. We argue that the method of payment—cash versus shares—may serve as an ex ante commitment mechanism to a particular integration strategy, where cash deals align with unilateral effort, and share deals ...
Albert Banal‐Estañol   +3 more
wiley   +1 more source

Selling to buy: Asset sales, acquisition financing, and value creation

open access: yesJournal of Financial Research, EarlyView.
Abstract In line with increased liquidity offered by asset sales, our findings show that firms selling large assets prior to acquisitions are more likely to use cash as payment method. Additionally, we find that in subsequent cash acquisitions, firms using cash stemming from asset sales experience higher announcement abnormal returns compared to firms ...
Christos Mavrovitis (Mavis)   +2 more
wiley   +1 more source

CEO social media activity and insider trading

open access: yesJournal of Financial Research, EarlyView.
Abstract This article studies the relationship between CEOs' social media activity and their insider trading behavior. Drawing on psychological evidence linking online activity to risk‐taking, we find that active CEOs on social media exhibit higher risk preferences and engage more in insider trading—particularly in terms of incidence, intensity, and ...
Zhichuan Li   +2 more
wiley   +1 more source

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