| dc.contributor | 財管系 | |
| dc.creator (作者) | 車倫周 | |
| dc.creator (作者) | Cha, Yunju;Wang, Ting-Xuan | |
| dc.date (日期) | 2026-07 | |
| dc.date.accessioned | 3-Sep-2026 16:05:13 (UTC+8) | - |
| dc.date.available | 3-Sep-2026 16:05:13 (UTC+8) | - |
| dc.date.issued (上傳時間) | 3-Sep-2026 16:05:13 (UTC+8) | - |
| dc.identifier.uri (URI) | https://ah.lib.nccu.edu.tw/item?item_id=184735 | - |
| dc.description.abstract (摘要) | This study examines whether firms can offset external information asymmetry shocks in mergers and acquisitions (M&A). Using U.S. domestic M&A deals from 2005 to 2018, we find that local newspaper closures reduce M&A deal value. However, acquirers achieve higher returns when targets have stronger accounting quality and more conservative reporting, particularly when acquirers and targets are located in different states. These findings suggest that firms can mitigate exogenous information asymmetry shocks by relying on high-quality accounting information, enabling more efficient investment decisions. | |
| dc.format.extent | 109 bytes | - |
| dc.format.mimetype | text/html | - |
| dc.relation (關聯) | Applied Economics Letters, pp.1-7 | |
| dc.subject (關鍵詞) | Local media; information asymmetry; M&A deal value; accounting quality; accounting conservatism | |
| dc.title (題名) | Can firms offset information asymmetry shocks? Evidence from local newspaper closures | |
| dc.type (資料類型) | article | |
| dc.identifier.doi (DOI) | 10.1080/13504851.2026.2701294 | |
| dc.doi.uri (DOI) | https://doi.org/10.1080/13504851.2026.2701294 | |
