登录 注册

德勤-复旦会计论坛系列讲座之一百十六

2017年03月20日15:23     智库商学院     阅读量:1640

日期: 2017年03月22日 (星期三) 13:30

地址:史带楼303室

状态:已结束

  时间:2017年3月22日(周三)下午13:30

  地点:史带楼303室

  主持人: 倪晨凯 副教授

  演讲嘉宾:Suresh Radhakrishnan (University of Texas at Dallas)

  Title:Trust, Family Firms, and Mergers and Acquisition Quality

  Abstract:We examine the role of trust on M&A quality across family and non-family firms in 15 EU countries. We use Guiso et al.’s (2009) trust measure, ownership for family firms and M&A announcement returns and goodwill impairment for M&A quality. We find that trust and family firms are positively associated with M&A quality, when they are considered separately. When we consider family firm, trust and their interaction it is only the interaction that is positively associated with M&A quality with M&A quality. This suggests that family firms’ M&As with targets in high-trust countries are of better quality, potentially because family firms commit to their long-term investment outlook more effectively in high-trust countries and thus, mitigate the uncertainty in the integration process. We perform additional tests to rule out alternative explanations and provide direct cross-sectional evidence on the long-term investment outlook and environments where the role of trust is important.

—————————————————————————————————————— 

带薪休假、病假、事假、婚假、丧假、探亲假......你在什么条件下可以享受带薪休假?延长工作时间、在休息日和休假日安排工作,如何确定报酬?想要获得公平待遇,不懂法怎么行?!智库课堂推出《96节HR劳动法实操大全》,帮助你做一名知法懂法的中国好员工!

扫描上方二维码立即报名

PS:购买后请添加课程助手微信:mba2022,好友验证发送:姓名+手机号 将邀您进入学习群,与众多HR共同交流。


更多精彩内容,请关注MBA智库商学院微信公众平台: mbalib-mba