Do Banks Monitor Corporate Decisions? Evidence from Bank Financing of Mergers and Acquisitions
We examine whether banks, in providing financing for the deals, monitor firms mergers and acquisitions to the extent that will benefit acquirers shareholders. Inconsistent with the conventional theoretical argument, we do not find that bank-financed deals are associated with better stock or accounti...
Saved in:
Main Authors: | , , |
---|---|
Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2013
|
Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/3730 https://ink.library.smu.edu.sg/context/lkcsb_research/article/4729/viewcontent/HuangSRLU_WP3_MA_banking.pdf |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Institution: | Singapore Management University |
Language: | English |