About this document
M&A Performance Commitments Impact by shotanagafuchi is a document available to read on EtoBox.
This study examines the impact of performance commitments in mergers and acquisitions (M&A) on long-term excess returns using data from Chinese listed companies. It finds that such commitments can enhance returns in the first year post-M&A but lead to negative effects by the third year, primarily due to increased managerial short-sightedness. The research highlights the importance of understanding these commitments
- Author
- shotanagafuchi
- Language
- EN