Corporate Governance and Bidder Abnormal Returns in M&A
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 analyse...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
EDP Sciences
2017-01-01
|
| Series: | ITM Web of Conferences |
| Online Access: | https://doi.org/10.1051/itmconf/20171204025 |
| Summary: | 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.) |
|---|---|
| ISSN: | 2271-2097 |