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The long-term operating performance in European mergers and acquisitions
16 references·8 citing·44 second hop
The long-term operating performance in European mergers and acquisitions (2007)The long-term operating performance in Eu…The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment (2000)The Dark Side of Internal Cap…The Cost of Diversity: The Diversification Discount and Inefficient Investment (2000)The Cost of Diversity: The Di…Corporate Cash Reserves and Acquisitions (1999)Corporate Cash Reserves and A…Are Internal capital Markets Efficient? (1998)Are Internal capital Markets …Do Long‐Term Shareholders Benefit From Corporate Acquisitions? (1997)Do Long‐Term Shareholders Ben…Do Long-Term Shareholders Benefit From Corporate Acquisitions? (1997)Do Long-Term Shareholders Ben…Detecting abnormal operating performance: The empirical power and specification of test statistics (1996)Detecting abnormal operating …Underperformance in long-run stock returns following seasoned equity offerings (1995)Underperformance in long-run …Performance Changes Following Top Management Dismissals (1995)Performance Changes Following…The Post-Merger Performance of Acquiring Firms: A Re-Examination of an Anomaly (1992)The Post-Merger Performance o…Does Corporate Performance Improve After Mergers? (1990)Does Corporate Performance Im…Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms (1988)Synergistic gains from corpor…Seasoned equity offerings (1986)Seasoned equity offeringsEquity issues and offering dilution (1986)Equity issues and offering di…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Disclosure Laws and Takeover Bids (1980)Disclosure Laws and Takeover …The Impact of Mergers and Acquisitions and Sustainability on Company Performance in the Pharmaceutical Sector (2021)The Impact of Mergers and Acq…Workforce reductions and post-merger operating performance: The role of corporate governance (2020)Workforce reductions and post…Age Matters: The Contingency of Economic Distance and Economic Freedom in Emerging Market Firm’s Cross-Border M&A Performance (2019)Age Matters: The Contingency …Systematic Review on Financial Performance of Mergers and Acquisitions in India (2018)Systematic Review on Financia…Earnings Management of Target Firms and Deal Premiums: The Role of Industry Relatedness (2018)Earnings Management of Target…Out of Africa: The role of institutional distance and host-home colonial tie in South African Firms’ post-acquisition performance in developed economies (2017)Out of Africa: The role of in…How far does financial reporting allow us to judge whether M&A activity is successful? (2016)How far does financial report…The performance of mergers and acquisitions in emerging capital markets: new angle (2015)The performance of mergers an…The market for corporate control (1983)Agency costs of free cash flow, corporate finance, and takeovers (1996)Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Diversification's effect on firm value (1995)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Boundaries of the Firm Revisited (1998)Global Diversification, Industrial Diversification, and Firm Value (2002)A Multinational Perspective on Capital Structure Choice and Internal Capital Markets (2004)CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Efficient Capital Markets: II (1991)The New Issues Puzzle (1995)Event Studies in Economics and Finance (1997)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Large Shareholders and Corporate Control (1986)The Hubris Hypothesis of Corporate Takeovers (1986)Firms, Contracts, and Financial Structure (1995)Firm size and the gains from acquisitions (2004)A review of tax research (2010)Using daily stock returns (1985)The effects of management buyouts on operating performance and value (1989)Size and Book-to-Market Factors in Earnings and Returns (1995)Measuring long-horizon security price performance (1997)An Examination of Long‐Term Abnormal Stock Returns and Operating Performance Following R&D Increases (2004)Dumb money: Mutual fund flows and the cross-section of stock returns (2008)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The Cash Flow Sensitivity of Cash (2004)Over-investment of free cash flow (2006)Who makes acquisitions? CEO overconfidence and the market's reaction☆ (2008)The Nature of the Firm (1937)Risk, Return, and Equilibrium: Empirical Tests (1973)A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis (2002)Information Production and Capital Allocation: Decentralized versus Hierarchical Firms (2002)Financial and Legal Constraints to Growth: Does Firm Size Matter? (2005)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders (1996)New Evidence and Perspectives on Mergers (2001)A Survey of Corporate Governance (1997)Business Groups in Emerging Markets: Paragons or Parasites? (2007)Liquidity and leverage (2008)
this work references cited by second hop

References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1999Corporate Cash Reserves and Acquisitions2,066 cited
  • 1988Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms1,702 cited
  • 2000The Cost of Diversity: The Diversification Discount and Inefficient Investment1,684 cited
  • 1990Does Corporate Performance Improve After Mergers?1,662 cited
  • 1996Detecting abnormal operating performance: The empirical power and specification of test statistics1,609 cited
  • 2000The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment1,556 cited
  • 1986Equity issues and offering dilution1,397 cited
  • 1992The Post-Merger Performance of Acquiring Firms: A Re-Examination of an Anomaly1,199 cited
  • 1998Are Internal capital Markets Efficient?1,050 cited
  • 1995Performance Changes Following Top Management Dismissals1,010 cited
  • 1995Underperformance in long-run stock returns following seasoned equity offerings1,005 cited
  • 1997Do Long‐Term Shareholders Benefit From Corporate Acquisitions?966 cited
  • 1986Seasoned equity offerings897 cited
  • 1980Disclosure Laws and Takeover Bids

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884 cited
  • 1997Do Long-Term Shareholders Benefit From Corporate Acquisitions?875 cited
  • Cited by

    • 2017Out of Africa: The role of institutional distance and host-home colonial tie in South African Firms’ post-acquisition performance in developed economies67 cited
    • 2019Age Matters: The Contingency of Economic Distance and Economic Freedom in Emerging Market Firm’s Cross-Border M&A Performance44 cited
    • 2015The performance of mergers and acquisitions in emerging capital markets: new angle43 cited
    • 2018Earnings Management of Target Firms and Deal Premiums: The Role of Industry Relatedness35 cited
    • 2016How far does financial reporting allow us to judge whether M&A activity is successful?28 cited
    • 2020Workforce reductions and post-merger operating performance: The role of corporate governance25 cited
    • 2021The Impact of Mergers and Acquisitions and Sustainability on Company Performance in the Pharmaceutical Sector24 cited
    • 2018Systematic Review on Financial Performance of Mergers and Acquisitions in India17 cited