All Outputs (2)

Valuation effects of short sale constraints: The case of corporate takeovers (2006)
Journal Article
Alexandridis, G., Antoniou, A., & Zhao, H. (2006). Valuation effects of short sale constraints: The case of corporate takeovers. European Financial Management, 12(5), 747-762. https://doi.org/10.1111/j.1468-036x.2006.00275.x

We examine the relation between the degree of short sale constraints for acquiring firms' equity and post takeover stock performance. We find that negative long-run abnormal returns appear to decline (in economic and statistical terms) as the extent... Read More about Valuation effects of short sale constraints: The case of corporate takeovers.

Divergence of Opinion and Post-Acquisition Performance (2006)
Journal Article
Alexandridis, G., Antoniou, A., & Petmezas, D. (2007). Divergence of Opinion and Post-Acquisition Performance. Journal of Business Finance and Accounting, 34(3-4), 439-460. https://doi.org/10.1111/j.1468-5957.2007.02043.x

We examine the relation between divergence of opinion about the value of the acquiring firm in the pre-acquisition announcement period and post-acquisition stock returns. We find that acquirers subject to high opinion dispersion earn lower future ret... Read More about Divergence of Opinion and Post-Acquisition Performance.