The role of corporate political strategies in M&As
(2017)
Journal Article
Croci, E., Pantzalis, C., Park, J. C., & Petmezas, D. (2017). The role of corporate political strategies in M&As. Journal of Corporate Finance, 43, 260-287. https://doi.org/10.1016/j.jcorpfin.2017.01.009
In line with the view that politics can complicate M&A deals, we find that firms contributing to political action committees or involved in lobbying are less likely to be acquired and their takeover process is lengthier. As we empirically show, this... Read More about The role of corporate political strategies in M&As.