Do firms with soft budget constraint problem pay more in M&As? Evidence from Eastern Asia.

碩士 === 元智大學 === 財務金融學程 === 99 === This paper, tries to examine the effects of soft budget constraints problem on acquisition decisions in emerging markets in Eastern Asia from 2000 to 2009. If the manager knows the shareholders will provide more funds (i.e. soft budget constraint), he may expa...

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Bibliographic Details
Main Authors: Cheng-Jer Chung, 鍾政哲
Other Authors: Chu-Hua Wu
Format: Others
Language:en_US
Published: 2011
Online Access:http://ndltd.ncl.edu.tw/handle/22052470312494844339