Acquisition Announcements and Stock Market Valuations of Acquiring Firms’ Rivals: A Test of the Growth Probability Hypothesis in China

By Ajai S. Gaur, Shavin Malhotra, Pengcheng Zhu. 2011

137 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/f14e3577d6d775bae66b2f0664924c261d42d482

Citations in the corpus

• The Acquisitive Nature of Extraverted CEOs (2017, unknown): “In line with other studies (e.g., Fuller, Netter, and Stegemoller, 2002; Masulis, Wang, and Xie, 2009; Gaur, Malhotra, and Zhu, 2013), we used the five-day period (–2, + 2 days) around the M&A announcement to calculate the CAR: CARj = X+ 2 t = 2 ARj ,t A positive CAR suggests that investors believe…”