Who Writes the News? Corporate Press Releases During Merger Negotiations
By Kenneth R. Ahern, D. Sosyura. 2014
378 citations recorded by the source corpus.
Subfields: Accounting, Sociology and Political Science, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/0f5993532e0e6d6c379a2aa5bb3686409c11fb3c
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- D. Sosyura
- David H. Solomon
- Eugene F. Soltes
- Bridget Stomberg
- Kathleen Schuchard
- Shannon Chen
- S. Pavićević
- Alex Edmans
In Sociology and Political Science
- D. Sosyura
- Bridget Stomberg
- Kathleen Schuchard
- Shannon Chen
- Alex Edmans
- Kenneth R. Ahern
- James Vincent
- Marcus P. Kirk
In Strategy and Management
- Bridget Stomberg
- Kathleen Schuchard
- Shannon Chen
- David H. Solomon
- S. Pavićević
- Alex Edmans
- D. Sosyura
- Özgür Arslan‐Ayaydin
Citations in the corpus
- Managers Set the Tone: Equity Incentives and the Tone of Earnings Press Releases (2016, background): “…(Li, 2010; Loughran and McDonald, 2011), earnings calls (Blau, DeLisle, and Price, 2015), or news stories about firm events such as mergers (Ahern and Sosyura, 2014). on average, more positive when firms are issuing new equity or undertaking mergers and acquisitions, and more negative when…”
- The Pre-Deal Phase of Mergers and Acquisitions: A Review and Research Agenda (2020, background): “Relatedly, Ahern and Sosyura (2014) analyzed stock-for-stock mergers and found that bidders published more press releases and employed more positive statements from the start of negotiations until the public acquisition announcement to keep their stock price up.”
- Winners in the Spotlight: Media Coverage of Fund Holdings as a Driver of Flows (2014, background): “Previous work shows that this analysis yields valuable information about managerial skill (e.g., Baker, Litov, Wachter, and Wurgler, 2010).”
- Media Coverage of Corporate Taxes (2018, methodology): “Factiva matches articles to a company code if the article is sufficiently related to a specific firm (Ahern and Sosyura 2014).7 We follow Fang and Peress (2009) and search The Wall Street Journal, The New York Times, The Washington Post, and USA Today to identify articles that are salient to…”
- Strategic News Releases in Equity Vesting Months (2018, background): “5 See the Internet Appendix of Ahern and Sosyura (2014) for the legality of strategic news disclosure.”