Corporate Governance and Bidder Abnormal Returns in M&A

被引：0
|
作者：
Cheng, Yao [1 ]
机构：
[1] Beijing Language & Culture Univ, Sch Business, Beijing, Peoples R China
来源：
4TH ANNUAL INTERNATIONAL CONFERENCE ON INFORMATION TECHNOLOGY AND APPLICATIONS (ITA 2017) | 2017年 / 12卷
关键词：
FIRMS; ACQUISITIONS; PERFORMANCE; MERGERS; CHINA;
D O I：
10.1051/itmconf/20171204025
中图分类号：
TP39 [计算机的应用];
学科分类号：
081203 ; 0835 ;
摘要：
we examine how corporate governance influences long-term and short-term bidder returns from China's domestic mergers and acquisitions during 2010-2016. This paper examines a range of corporate governance measures while controlling for bidder and deal characteristics. Our long-term regression analyses show that the positive impact of executive ownership remains. Independent directors record a negative effect on abnormal returns.)
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收藏
页数：6
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