Informed trading in peers of M&A firms: Evidence from M&A advisor banks

• المؤلف الرئيسي: LI, Xuanbo
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2024
• الموضوعات: M&A; advisor bank; informed trading; peer firm; private information; Accounting
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/etd_coll/571; https://ink.library.smu.edu.sg/context/etd_coll/article/1569/viewcontent/GPAC_AY2024_PhD_Xuanbo_Li.pdf

M&A advisor banks are privy to valuable and sensitive information through their service. I examine whether M&A advisor banks exploit such private information to trade in peers of M&A firms. I provide evidence that M&A advisor banks gain higher profits through their trading in peers o...