Trading volume around announcements of mergers and acquisitions

Ivo Ph. Jansen

Applied Economics Letters, 2015, vol. 22, issue 15, 1204-1208

Abstract: This study investigates the volume reaction to merger and acquisition (M&A) announcements for acquiring firms. It identifies the method of payment, target ownership, firm size and the relative size of acquisitions as important cross-sectional determinants of the volume reaction. This research is important because volume is a fundamental attribute of securities markets. Moreover, the analysis of trading volume and its determinants provides insights about which M&A attributes cause investor disagreement about the value of M&A activities.

Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/13504851.2015.1019031 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:22:y:2015:i:15:p:1204-1208

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEL20

DOI: 10.1080/13504851.2015.1019031

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().