The PIN anomaly around M&A announcements

By Nihat Aktas, Eric de Bodt, F. Declerck, Hervé Van Oppens. 2007

132 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/0a4e8251cda0380e3a978ad9715a9b7843b544bb

How researchers see this paper

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In Accounting

1. Chiawen Liu
2. Wuchun Chi
3. Taychang Wang

In Finance

1. Chiawen Liu
2. Wuchun Chi
3. Taychang Wang

Citations in the corpus

• Legal Insider Trading and Market Efficiency (2008, unknown): “Aktas et al. / Journal of Banking & Finance 32 (2008) 1379–1392”
• Informed trading and price discovery before corporate events (2015, unknown): “9 For a sample of French M&A announcements, Aktas et al. (2007) report that trading volume spikes in the five days preceding a merger announcement and that trading volume and bid-ask spreads increase for both acquirers and targets in the Days [-65,-6] before the announcement.”
• What affects accounting conservatism: A corporate governance perspective (2009, methodology): “However, in the subsection of the further analysis, we use another measure for PIN, which introduced by Aktas et al. (2007) , to examine the relation between C-Score and PIN.”