Professor Dimitris Petmezas' Outputs (2)

What are the Causes and Effects of the M&As? The UK Evidence (2012)
Journal Article
Guo, J. (., & Petmezas, D. (2012). What are the Causes and Effects of the M&As? The UK Evidence. Multinational finance journal, 16(1/2), 21-47. https://doi.org/10.17578/16-1/2-2

This paper examines the link between the causes and effects of mergers and acquisitions. By using a sample of UK acquisitions, which have the distinct characteristics of limited use of stock as means of payment and dominance of private acquisitions,... Read More about What are the Causes and Effects of the M&As? The UK Evidence.

When It Pays to Pay Your Investment Banker: New Evidence on the Role of Financial Advisors in M&As (2012)
Journal Article
Golubov, A., Petmezas, D., & Travlos, N. G. (2012). When It Pays to Pay Your Investment Banker: New Evidence on the Role of Financial Advisors in M&As. Journal of Finance, 67(1), 271-312. https://doi.org/10.1111/j.1540-6261.2011.01712.x

We provide new evidence on the role of financial advisors in M&As. Contrary to prior studies, top-tier advisors deliver higher bidder returns than their non-top-tier counterparts but in public acquisitions only, where the advisor reputational exposur... Read More about When It Pays to Pay Your Investment Banker: New Evidence on the Role of Financial Advisors in M&As.