Investment bank market share, contingent fee payments, and the performance of acquiring firms
By Raghavendra Rau. 2000
285 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/30c8b7d50ab2965b04848985ea1f96d4decdb6ae
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
In Finance
- Baolian Wang
- Omesh Kini
- Peixin Li
- Jiatao Li
- J. Mulherin
- Audra L. Boone
- Jayant R. Kale
- Harley E. Ryan
Citations in the corpus
- Do cross-border acquisitions create value? Evidence from overseas acquisitions by Chinese firms (2016, background): “Empirical studies provide mixed evidence as to whether, all things considered, hiring a financial advisor can help the acquiring firm (Rau, 2000; Servaes & Zenner, 1996).”
- Financial Advisors and Shareholder Wealth Gains in Corporate Takeovers (2003, background): “tigation confirms the results in Rau (2000) that using a higher reputation advisor increases the probability that a bidder is successful.”
- Do Auctions Induce a Winner's Curse? New Evidence from the Corporate Takeover Market (2008, result): “In doing so, we provide new evidence on the contrasting findings previously reported by Rau (2000) and Kale, Kini, and Ryan (2003).”
- Are Fairness Opinions Fair? The Case of Mergers and Acquisitions (2008, unknown): “These rankings are similar to other rankings of investment banks based on advisory services in M&A (e.g., League Tables from SDC; Rau, 2000).”
- Do Investment Banks Matter for M&A Returns? (2011, unknown): “We find that a bank’s market share is independent of its past CAR (also found by Rau (2000)).”
- The Pre-Deal Phase of Mergers and Acquisitions: A Review and Research Agenda (2020, background): “Firms involved in M&A also use the expertise of advisors and investment banks in estimating the target value (Kisgen & Song, 2009; Rau, 2000; Sleptsov, Anand, & Vasudeva, 2013), although conflicts of interest have been argued to result in an upward bias in valuation decisions (Golubov, Petmezas, & T”