The Market Timing of Mergers and Acquisitions – Evidence from Ramadan
We investigate market timing behaviors by corporate managers. During Ramadan, the perceived overvaluation of firms may induce managers to time acquisitions. We find that, consistent with the market timing hypothesis, on average during Ramadan, aggregate mergers and acquisitions (M&A) activity is...
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| Hoofdauteurs: | , |
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| Formaat: | Article ou chapitre numérique |
| Taal: | Français |
| Gepubliceerd in: |
2025
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| Onderwerpen: | |
| Online toegang: | Accès Université d'Orléans et IFPM Accès Université d'Orléans et IFPM |