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[Seminar] 財金系6/24(五)上午 10:30 邀請 Loyola Marymount University的Prof. Micah Officer演講
活動起日:2016-06-20 
發佈日期:2016-06-20 
瀏覽數:205  2017-02-12 更新

本系擬於6/24(五)邀請Prof. Micah Officer至本所進行演講,相關訊息如下:

(演講教授之投影片將於演講前另行寄送。)

 <<Seminar>>

時間: 6/24(五) 上午10:30-12:00

地點: 管理學院一號館 4F 405教室

講者:Prof. Micah Officer

講題:The effect of cultural similarity on mergers and acquisitions

Abstract: We study the effect of corporate cultural similarity on merger decisions and outcomes.

We find that culturally similar firms are more likely to merge. Moreover, these mergers are

associated with greater synergies, superior long-run operating performance, and fewer write-offs

of goodwill. Our evidence is consistent with the notion that cultural similarity eases post-deal

integration. Our results contribute to the literature on the determinants of merger success,

provide new evidence on the impact of corporate culture, and offer a new approach to defining

firms’ cultural similarity.