Zobrazeno 1 - 10
of 71
pro vyhledávání: '"Nihat Aktas"'
Publikováno v:
Business & Society. 61:1684-1722
This study revisits the relation between corporate performance and corporate social responsibility (CSR) in the context of a major shift in firms’ credit risk status. Relying on corporate credit rating as a performance indicator, we examine whether
Publikováno v:
British Journal of Management.
Publikováno v:
Economics Letters. 224:111002
Autor:
Nihat Aktas, Audra Boone
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
Journal of corporate finance, 2021, Vol.69, pp.101986 [Peer Reviewed Journal]
We document a curvilinear relation between credit ratings and acquisitions, where acquisitiveness first goes up and then down as credit ratings increase, with a maximum around the A minus threshold. This pattern is broken by firms around the high-yie
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::668dca757041a8c285bd5e232aee1a84
http://dro.dur.ac.uk/33080/
http://dro.dur.ac.uk/33080/
Publikováno v:
Journal of corporate finance, 2019, Vol.54, pp.85-106 [Peer Reviewed Journal]
Cash holding is on average more valuable when firms are managed by overconfident CEOs. Economically, having an overconfident CEO on board is associated with an increase of $0.28 in the value of $1.00 cash holding. The positive effect of CEO overconfi
Publikováno v:
SSRN Electronic Journal.
This study examines whether companies consider investor reactions when reporting information to the SEC. We rely on M&A decisions as a testbed for two main reasons: (i) these are associated with announcement dates allowing the isolation of investor r
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
Journal of Corporate Finance. 50:180-202
We examine the reasons why some bidders choose to voluntarily announce a merger negotiation before the signature of a definitive agreement. We propose an “announce-to-signal” explanation: early announcements allow bidders to signal to the target
Publikováno v:
British journal of management, 2019, Vol.30(2), pp.473-493 [Peer Reviewed Journal]
This study examines the impact of CEO duality on firms’ internal capital allocation efficiency. We observe that when the CEO is also chair of the board, diversified firms make inefficient investments, as they allocate more capital to business segme