Do Banks Monitor Corporate Decisions? Evidence from Bank Financing of Mergers & Acquisitions
We examine whether banks, in providing nancing for the deals, monitor rms mergers and acquisitions to the extent that will bene t acquirers shareholders. Incon- sistent with the conventional theoretical argument, we do not nd that bank- nanced deals are associated with better stock or accounting per...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2012
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/3490 https://ink.library.smu.edu.sg/context/lkcsb_research/article/4489/viewcontent/11_4.pdf |
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| Institution: | Singapore Management University |
| Language: | English |