| Residential College | false |
| Status | 即將出版Forthcoming |
| The JOBS Act and Mergers and Acquisitions | |
Chu, Y. ; Liu, M.; Zhang, S.
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| Source Publication | Journal of Corporate Finance
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| ABS Journal Level | 4 |
| ISSN | 0929-1199 |
| Abstract | We examine how the Jumpstart Our Business Startup Act (JOBS Act) a ect mergers and acquisitions. We nd that U.S. private targets are valued higher after the JOBS Act relative to public targets acquired by US acquirers. The announcement returns of acquirers who acquired US private targets after the JOBS Act are lower. Consistent with the argument that the JOBS Act a ects rms with higher disclosure costs more, we nd that the e ect is more pronounced for rms with higher disclosure costs. |
| Keyword | JOBS Act Private Target Bargaining Power IPO Disclosure Cost |
| Language | 英語English |
| The Source to Article | PB_Publication |
| PUB ID | 58870 |
| Document Type | Journal article |
| Collection | University of Macau |
| Corresponding Author | Chu, Y. |
| Recommended Citation GB/T 7714 | Chu, Y.,Liu, M.,Zhang, S.. The JOBS Act and Mergers and Acquisitions[J]. Journal of Corporate Finance. |
| APA | Chu, Y.., Liu, M.., & Zhang, S. The JOBS Act and Mergers and Acquisitions. Journal of Corporate Finance. |
| MLA | Chu, Y.,et al."The JOBS Act and Mergers and Acquisitions".Journal of Corporate Finance . |
| Files in This Item: | There are no files associated with this item. | |||||
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