Three essays on corporate finance

• Main Author: Ma, Yujing
• Other Authors: Gao Huasheng
• Format: Theses and Dissertations
• Language: English
• Published: 2016
• Subjects: DRNTU::Business::Finance::Corporate finance
• Online Access: https://hdl.handle.net/10356/66324
• Institution: Nanyang Technological University

In essay one, we present evidence that the desire to gain human capital is an important motive for corporate acquisitions. Our tests exploit the staggered recognition of the Inevitable Disclosure Doctrine by U.S. state courts, which prevents a firm’s employees from working for other competitors. We...