Defining the deal value in mergers and acquisitions is inherently complex and often
constitutes an inflection point for the parties involved. By paying part of the deal value at a …

This paper examines the effect of M&A compensation commitment on stock price crash risk
using the setting of Chinese M&As that committed performance has been achieved during …

As an essential component of China's national supervision system, finance and accounting
supervision plays an important role in regulating financial order, promoting economic …

Choices in going public are important business strategies that can influence Environmental,
Social and Governance (ESG) performance through varying levels of regulatory scrutiny …

Whether performance commitment will become a tool for insiders to pursue self-interest
through cashing out at a high price is an important issue worthy of research. While …

This study explores the effect of managerial overconfidence on the risk of a stock price
crash. Results indicate that managerial overconfidence positively affects stock price crash …

Intensifying power competition has raised the need to understand how corporations react to
international security dynamic challenges. Using data on Chinese A-share listed companies …

We adopt a principal–principal perspective to examine whether comment letters for mergers
and acquisitions (M&A) protect shareholders, particularly minority shareholders, of acquiring …

Performance commitment (PC hereafter), as a mechanism to reduce information asymmetry,
has been increasingly applied to the acquisitions and reorganizations of listed companies in …

We examine the impact of listing via a reverse merger (RM) on audit fees, which can serve
as an indicator of a firm's perceived risk. Using a manually assembled dataset of Chinese …