Results 191 to 200 of about 18,872 (297)

Competition Enforcement and Accounting for Intangible Capital

The Journal of Finance, EarlyView.
ABSTRACT Antitrust laws mandate review of mergers and acquisitions (M&As) that exceed an asset size threshold based on accounting standards that exclude most intangible capital. We show that this exclusion leads to thousands of intangible‐intensive M&As being nonreportable. Acquirers in nonreportable deals achieve higher equity values and price markups,
JOHN D. KEPLER, CHARLES G. MCCLURE, CHRISTOPHER R. STEWART   +2 more
wiley   +1 more source

Labor unionization and real earnings management: Evidence from labor elections. [PDF]

PLoS One
Astvansh V, Wang B, Chen T, Qu JC.
europepmc   +1 more source

Size, Returns, and Value: Do Private Equity Firms Allocate Capital According to Manager Skill?

The Journal of Finance, EarlyView.
ABSTRACT Using a novel data set linking private equity (PE) deals to individual managers, we document evidence of manager skill in terms of generating net present value (NPV), a performance measure that captures both scale and returns. PE firms have strong economic incentives to raise larger funds and execute larger deals.
REINER BRAUN, NILS DORAU, TIM JENKINSON, DANIEL URBAN   +3 more
wiley   +1 more source

Green investors and ESG ratings divergence. [PDF]

Sci Rep
Ge Y, Zhang R, Zhu H.
europepmc   +1 more source

Does environmental uncertainty of enterprises aggravate the accrual anomaly in the stock market? Evidence from China. [PDF]

Front Psychol, 2022
Hu S, Wang S.
europepmc   +1 more source

The (Missing) Relation between Acquisition Announcement Returns and Value Creation

The Journal of Finance, EarlyView.
ABSTRACT Cumulative abnormal returns (CARs) computed around acquisition announcements are widely considered to be market‐based assessments of expected value creation. We show, however, that announcement returns do not correlate with commonly used and new measures of ex post outcomes. A simple characteristics‐based model using standard information known
ITZHAK BEN‐DAVID, UTPAL BHATTACHARYA, RUIDI HUANG, STACEY JACOBSEN   +3 more
wiley   +1 more source

Options for student loan repayment matter. [PDF]

Proc Natl Acad Sci U S A
Abraham KG.
europepmc   +1 more source

The benefits of banks' IT investments in times of trouble: evidence from loan loss accruals during the COVID-19 pandemic. [PDF]

J Bus Econ, 2023
Sefried M, Riepe J.
europepmc   +1 more source

Guaranteed Basic Income from the Perspective of Self‐Determination Theory

Journal of Management Studies, EarlyView.
Abstract In capitalistic societies the concepts of income and labour are inseparable, and as such, providing all citizens with an unconditional living wage is a contentious issue. Capitalist ideals that emphasize individual effort, competition, and financial prosperity have spurred tremendous economic growth but underestimate human motivation and have ...
Joshua L. Howard
wiley   +1 more source