Investor reactions to withdrawal of acquisition announcements.

• Main Authors: Sew, Zi Xuan., Lim, Serene Xin Hui., Cher, Hang Ping.
• Other Authors: Kang Soon Lee, Eugene
• Format: Final Year Project
• Language: English
• Published: 2011
• Subjects: DRNTU::Business::Finance::Mergers and acquisitions
• Online Access: http://hdl.handle.net/10356/44187
• Institution: Nanyang Technological University

This paper examines the abnormal returns for acquiring firms when announced acquisitions are subsequently withdrawn and how it is influenced by the following factors: abnormal returns during announcement date, investors’ perceived likelihood of acquisition withdrawal, quality of corporate governance...