Voluntary disclosures as a form of impression management to reduce evaluative uncertainty during M&A

Yakis-Douglas, Basak and Angwin, Duncan and Meadows, Maureen and Ahn, Kwangwon (2014) Voluntary disclosures as a form of impression management to reduce evaluative uncertainty during M&A. Academy of Management Best Paper Proceedings, 2014.

Full text not available from this repository.

Abstract

This study develops and tests a set of hypotheses on how to manage investors’ evaluative uncertainty during M&A through a specific form of impression management, namely, interim news events. We suggest that voluntary disclosures are key in influencing investors’ reactions during M&A. Empirical support for our theoretical arguments is shown in a sample of 36,376 deals and 163,023 associated interim news events carried out by NYSE and NSDQ listed organizations over 10 years. Our research contributes to literature on voluntary disclosures, impression management, and managing M&A.

Item Type:
Journal Article
Journal or Publication Title:
Academy of Management Best Paper Proceedings
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/1400
Subjects:
ID Code:
76275
Deposited By:
Deposited On:
21 Oct 2015 15:16
Refereed?:
Yes
Published?:
Published
Last Modified:
01 Jan 2020 09:26