Konferenzbeitrag
M&As, Investment and Financing Constraints
We use a panel data set of European firms to analyze the effects of domestic and international M&As on target firms' investment and financial constraints. Combining propensity score matching with a difference-in-differences estimator, our results show that upon acquisition, target firms obtain better access to external finance, are characterized by higher levels of tangible and intangible assets, and display lower dependence of investments and cash savings to the availability of internal funds.
- Sprache
-
Englisch
- Erschienen in
-
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Empirical Industrial Organization IV ; No. G13-V2
- Klassifikation
-
Wirtschaft
Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Wößner, Nicole
Stiebale, Joel
- Ereignis
-
Veröffentlichung
- (wer)
-
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (wo)
-
Kiel, Hamburg
- (wann)
-
2017
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Konferenzbeitrag
Beteiligte
- Wößner, Nicole
- Stiebale, Joel
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Entstanden
- 2017
Ähnliche Objekte (12)
Financing investments in a landlord port
M&As, Investment and Financing Constraints
M&As, investment and financing constraints
Financing Constraints Revisited - Is there a Role for Taxation and Internal Funds?
Modeling Firm Dynamics to Identify the Cost of Financing Constraints in Ghanaian Manufacturing
Endogenous Borrowing Constraints, Human Capital Investment and Optimal Income Taxation
Don't Stop Me Now: The Impact of Credit Market Segmentation on Firms' Financing Constraints
Financing old age
Corporate investment, debt and liquidity choices in the light of financial constraints and hedging needs
Financing SMEs in Europe
TOURIST ENTERPRISES FINANCING IN GREECE
Financing health care for the poor
Financing investments in a landlord port
M&As, Investment and Financing Constraints
M&As, investment and financing constraints
Financing Constraints Revisited - Is there a Role for Taxation and Internal Funds?
Modeling Firm Dynamics to Identify the Cost of Financing Constraints in Ghanaian Manufacturing
Endogenous Borrowing Constraints, Human Capital Investment and Optimal Income Taxation
Don't Stop Me Now: The Impact of Credit Market Segmentation on Firms' Financing Constraints
Financing old age
Corporate investment, debt and liquidity choices in the light of financial constraints and hedging needs
Financing SMEs in Europe
TOURIST ENTERPRISES FINANCING IN GREECE
Financing health care for the poor
Financing investments in a landlord port
M&As, Investment and Financing Constraints
M&As, investment and financing constraints
Financing Constraints Revisited - Is there a Role for Taxation and Internal Funds?
Modeling Firm Dynamics to Identify the Cost of Financing Constraints in Ghanaian Manufacturing
Endogenous Borrowing Constraints, Human Capital Investment and Optimal Income Taxation
Don't Stop Me Now: The Impact of Credit Market Segmentation on Firms' Financing Constraints
Financing old age
Corporate investment, debt and liquidity choices in the light of financial constraints and hedging needs
Financing SMEs in Europe
TOURIST ENTERPRISES FINANCING IN GREECE