Friends or Foes? Target Selection Decisions of Sovereign Wealth Funds and Their Consequences

By Jason D. Kotter, Ugur Lel. 2011

194 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/e611408b52f32977d8cb22dc6cd54a52185428ce

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. G. Karolyi
2. Rose C. Liao
3. Ugur Lel
4. Ricardo Correa
5. Söhnke M. Bartram
6. Christian Leuz
7. Kevin Aretz

In Strategy and Management

1. G. Karolyi
2. Rose C. Liao
3. Ugur Lel
4. Ricardo Correa

Citations in the corpus

• Say on Pay Laws, Executive Compensation, Pay Slice, and Firm Valuation around the World (2013, background): “, Karpoff, Malatesta, and Walkling (1996) and Kotter and Lel (2011)).”
• State capitalism's global reach: Evidence from foreign acquisitions by state-owned companies (2017, methodology): “…deals – both mergers and partial-block minority stake acquisitions - uncover larger, positive shareprice reactions for the targets, whereas those of SWF investments range from 1% to 3% (Fotak, Bertolotti, Megginson, and Miracky, 2010; Dewenter, Han, and Malatesta, 2010; and, Kotter and Lel, 2011).”
• The Sovereign Wealth Fund Discount: Evidence from Public Equity Investments (2015, unknown): “Our estimates are closer to those reported by Kotter and Lel (2011), who estimate three-day CARs of 2.”