Midlands State University Library

Long-run performance of mergers and acquisition of privately held targets: (Record no. 163126)

MARC details
000 -LEADER
fixed length control field 01638nam a22002537a 4500
003 - CONTROL NUMBER IDENTIFIER
control field ZW-GwMSU
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20240429101741.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 230830b |||||||| |||| 00| 0 eng d
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 13504851
040 ## - CATALOGING SOURCE
Original cataloging agency MSU
Transcribing agency MSU
Description conventions rda
Language of cataloging English
050 00 - LIBRARY OF CONGRESS CALL NUMBER
Classification number H1.A666 APP
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Chang Shao - Chi
Relator term author
245 10 - TITLE STATEMENT
Title Long-run performance of mergers and acquisition of privately held targets:
Remainder of title Evidence in the USA
Statement of responsibility, etc. created by Shao-Chi Chang and Ming-Tse Tsai
264 1# - PRODUCTION, PUBLICATION, DISTRIBUTION, MANUFACTURE, AND COPYRIGHT NOTICE
Place of production, publication, distribution, manufacture New York:
Name of producer, publisher, distributor, manufacturer Taylor and Francis,
Date of production, publication, distribution, manufacture, or copyright notice 2013
336 ## - CONTENT TYPE
Source rdacontent
Content type term text
Content type code txt
337 ## - MEDIA TYPE
Source rdamedia
Media type term unmediated
Media type code n
338 ## - CARRIER TYPE
Source rdacarrier
Carrier type term volume
Carrier type code nc
440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE
Title Applie economics letters
Volume/sequential designation Volume 20, number 5
520 3# - SUMMARY, ETC.
Summary, etc. In this study, we examine the long-run performance of firms acquiring privately held targets. Past studies have documented a positive market reaction to the announcement of Mergers and Acquisitions (M&A) of privately held targets. The M&As of privately held targets involve uncertain information, which investors are more likely to misestimate. In this study, we tested the long-run performances of acquiring firms and found negative results. We further found that the stock performance of acquiring firms was superior prior to the M&A. Our results suggest that investors may over-extrapolate prior good performance and that the long-run reversed return corrects the overestimation in response to announcements of M&A.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Privately held target
Form subdivision Information uncertainty
General subdivision Merger and acquisition
Geographic subdivision USA
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name Tsai Ming - Tse
Relator term co-author
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://doi.org/10.1080/13504851.2012.718060
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Library of Congress Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Serial Enumeration / chronology Total Checkouts Full call number Date last seen Price effective from Koha item type Public note
    Library of Congress Classification     Main Library Main Library - Special Collections 30/08/2023 Vol.20 , No.4 - 6 (Apr 2013)   HB1.A666 APP 30/08/2023 30/08/2023 Journal Article For In House Use Only