| dc.contributor | 財管系 | |
| dc.creator (作者) | 黃嘉威 | |
| dc.creator (作者) | Huang, Chia-Wei | |
| dc.creator (作者) | Lin, Chih-Yen;Lin, Wen-Chun;Tsai, Yun-Ching | |
| dc.date (日期) | 2022-02 | |
| dc.date.accessioned | 21-Sep-2022 11:09:01 (UTC+8) | - |
| dc.date.available | 21-Sep-2022 11:09:01 (UTC+8) | - |
| dc.date.issued (上傳時間) | 21-Sep-2022 11:09:01 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/142009 | - |
| dc.description.abstract (摘要) | The relationship between corruption and acquisition performance is examined in this study, with a focus on stakeholder support. The findings indicate that total acquisition-related gains are reduced when firms with lower corruption pressures acquire targets with higher corruption pressures. Moreover, a negative relationship is highlighted between the corruption differential and the level of support provided by stakeholders. In addition, merger and acquisition deals with higher corruption differences receive lower average support from suppliers, customers, and employees. The evidence suggests that stakeholder commitment is a possible channel through which corruption affects corporate performance. Implementing anticorruption efforts and operating as a multinational corporation are two important factors that may reduce the impact of corruption on acquisition performance. | |
| dc.format.extent | 110 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | Journal of Banking & Finance, Vol.135, 106369 | |
| dc.subject (關鍵詞) | Corruption; Mergers and acquisitions; Corporate performance; Synergistic gains; Stakeholder support | |
| dc.title (題名) | Corruption transfer and acquisition performance | |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1016/j.jbankfin.2021.106369 | |
| dc.doi.uri (DOI) | https://doi.org/10.1016/j.jbankfin.2021.106369 | |
