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Done Deal! Advisor impact on Pricing, Premia, Returns, and Deal Completion in M&A

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  • Ecer, C. Fuat J.
  • Trautmann, Stefan T.

    (Tilburg University, School of Economics and Management)

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  • Ecer, C. Fuat J. & Trautmann, Stefan T., 2020. "Done Deal! Advisor impact on Pricing, Premia, Returns, and Deal Completion in M&A," Other publications TiSEM 3cbae916-147a-4039-b753-b, Tilburg University, School of Economics and Management.
    • Handle: RePEc:tiu:tiutis:3cbae916-147a-4039-b753-b7ad3a07170f
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    1. Mathew L. A. Hayward, 2003. "Professional influence: the effects of investment banks on clients' acquisition financing and performance," Strategic Management Journal, Wiley Blackwell, vol. 24(9), pages 783-801, September.
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    4. Marco Caliendo & Sabine Kopeinig, 2008. "Some Practical Guidance For The Implementation Of Propensity Score Matching," Journal of Economic Surveys, Wiley Blackwell, vol. 22(1), pages 31-72, February.
    5. Ahmad Ismail, 2010. "Are good financial advisors really good? The performance of investment banks in the M&A market," Review of Quantitative Finance and Accounting, Springer, vol. 35(4), pages 411-429, November.
    6. Uysal, Vahap B. & Kedia, Simi & Panchapagesan, Venkatesh, 2008. "Geography and acquirer returns," Journal of Financial Intermediation, Elsevier, vol. 17(2), pages 256-275, April.
    7. Anup Agrawal & Tommy Cooper & Qin Lian & Qiming Wang, 2013. "Common Advisers in Mergers and Acquisitions: Determinants and Consequences," Journal of Law and Economics, University of Chicago Press, vol. 56(3), pages 691-740.
    8. David A. Becher & Jonathan B. Cohn & Jennifer L. Juergens, 2015. "Do Stock Analysts Influence Merger Completion? An Examination of Postmerger Announcement Recommendations," Management Science, INFORMS, vol. 61(10), pages 2430-2448, October.
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    12. Golubov, Andrey & Xiong, Nan, 2020. "Post-acquisition performance of private acquirers," Journal of Corporate Finance, Elsevier, vol. 60(C).
    13. Hunter, William C. & Jagtiani, Julapa, 2003. "An analysis of advisor choice, fees, and effort in mergers and acquisitions," Review of Financial Economics, Elsevier, vol. 12(1), pages 65-81.
    14. A. D. Roy, 1951. "Some Thoughts On The Distribution Of Earnings," Oxford Economic Papers, Oxford University Press, vol. 3(2), pages 135-146.
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    16. Gregor Andrade & Mark Mitchell & Erik Stafford, 2001. "New Evidence and Perspectives on Mergers," Journal of Economic Perspectives, American Economic Association, vol. 15(2), pages 103-120, Spring.
    17. Moeller, Sara B. & Schlingemann, Frederik P. & Stulz, Rene M., 2004. "Firm size and the gains from acquisitions," Journal of Financial Economics, Elsevier, vol. 73(2), pages 201-228, August.
    18. Cláudia Custódio & Daniel Metzger, 2013. "How Do CEOs Matter? The Effect of Industry Expertise on Acquisition Returns," The Review of Financial Studies, Society for Financial Studies, vol. 26(8), pages 2008-2047.
    19. Roll, Richard, 1986. "The Hubris Hypothesis of Corporate Takeovers," The Journal of Business, University of Chicago Press, vol. 59(2), pages 197-216, April.
    20. Andrey Golubov & Dimitris Petmezas & Nickolaos G. Travlos, 2012. "When It Pays to Pay Your Investment Banker: New Evidence on the Role of Financial Advisors in M&As," Journal of Finance, American Finance Association, vol. 67(1), pages 271-312, February.
    21. McLaughlin, Robyn M., 1990. "Investment-banking contracts in tender offers : An empirical analysis," Journal of Financial Economics, Elsevier, vol. 28(1-2), pages 209-232.
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