News Column

New Corporate Finance Data Have Been Reported by Investigators at Johns Hopkins University

May 24, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- Data detailed on Corporate Finance have been presented. According to news reporting originating in Baltimore, Maryland, by VerticalNews journalists, research stated, "In the presence of high uncertainty and limited experience, can observing the actions of other acquiring predecessors help firms make better acquisition decisions? Using a sample of cross-border M&As conducted by US acquirers in developing countries, we document a positive and significant relationship between an acquirer's performance and its predecessors' acquisition activity."

The news reporters obtained a quote from the research from Johns Hopkins University, "This relationship is especially pronounced in the prevalence of news events about the outcome of predecessors' acquisitions, when predecessors consist of US peers from the same industry and/or when targets are based in culturally distant countries."

According to the news reporters, the research concluded: "Our findings shed light on one channel through which information spillovers across industries and acquiring firms could be a key driver of value creation in developing market cross-border M&As."

For more information on this research see: Can firms learn by observing? Evidence from cross-border M&As. Journal of Corporate Finance, 2014;25():202-215. Journal of Corporate Finance can be contacted at: Elsevier Science Bv, PO Box 211, 1000 Ae Amsterdam, Netherlands. (Elsevier - www.elsevier.com; Journal of Corporate Finance - www.elsevier.com/wps/product/cws_home/524467)

Our news correspondents report that additional information may be obtained by contacting B.B. Francis, Johns Hopkins University, Baltimore, MD 21201, United States. Additional authors for this research include I. Hasan, X. Sun and M. Waisman.

Keywords for this news article include: Maryland, Baltimore, United States, Corporate Finance, North and Central America

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC


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Source: Investment Weekly News


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