Zobrazeno 1 - 10
of 11
pro vyhledávání: '"Nikolaos Karampatsas"'
Publikováno v:
Management Science, 2023, Vol.69(7), pp.4134-4168 [Peer Reviewed Journal]
Using terrorist attacks as an exogenous shock to uncertainty, we provide evidence that firms located near terrorism-stricken areas are less likely takeover targets for two years after the attack and receive lower acquisition premiums. The latter find
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::c152b627666d5e867aac87ee23a20c5e
http://dro.dur.ac.uk/35311/
http://dro.dur.ac.uk/35311/
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
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8e5be0d6831cfe93e891cce0e170739f
https://doi.org/10.1177/00076503211053008
https://doi.org/10.1177/00076503211053008
Publikováno v:
European Financial Management.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8df0d8ef81c95d7f87a75318d3bde641
https://doi.org/10.1111/eufm.12384
https://doi.org/10.1111/eufm.12384
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:
SSRN Electronic Journal.
Using terrorist attacks as an exogenous shock to uncertainty, we provide evidence that firms located near terrorism-stricken areas are less likely takeover targets for two years after the attack and receive lower acquisition premiums. The latter find
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::5181ae55c77f1162833232d5ce08ef66
https://doi.org/10.2139/ssrn.3250400
https://doi.org/10.2139/ssrn.3250400
Publikováno v:
Journal of corporate finance, 2014, Vol.25, pp.474-493 [Peer Reviewed Journal]
This paper establishes that credit ratings affect the choice of payment method in mergers and acquisitions. We find that bidders holding a high rating level are more likely to use cash financing in a takeover. We attribute this finding to lower finan
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::fd5540b7206c0ef0c3c183f290537435
https://doi.org/10.1016/j.jcorpfin.2014.01.008
https://doi.org/10.1016/j.jcorpfin.2014.01.008
Publikováno v:
SSRN Electronic Journal.
This study establishes a relationship between stock-specific investor sentiment and stock price movements around earnings announcements. Stock-specific investor sentiment is the key determinant of price adjustment in the context of an earnings surpri
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::a5a129b5bd069245c13c968793aa0dab
https://doi.org/10.2139/ssrn.2926368
https://doi.org/10.2139/ssrn.2926368
Publikováno v:
SSRN Electronic Journal.
This study shows that credit default swap (CDS) reference firms are more likely to conduct acquisitions. In economic terms, CDS reference firms have a 5% higher acquisition propensity than non-CDS firms. Additionally, CDS reference acquirers experien
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::07469e5c006350c3752014e57f9498f5
https://doi.org/10.2139/ssrn.2747555
https://doi.org/10.2139/ssrn.2747555
Publikováno v:
SSRN Electronic Journal.
This article examines whether firms adjust their corporate social responsibility (CSR) policies after a substantial drop in their credit rating. The focus is on the investment grade threshold, because of its importance for the firm’s cost of capita
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0952703812dbaf9f1592292d499cd497
https://doi.org/10.2139/ssrn.2886815
https://doi.org/10.2139/ssrn.2886815