From courtrooms to corporations: The effect of bankruptcy court establishment on firm acquisitions

doi:10.1016/j.frl.2024.105037

LZUFE-KMS

	From courtrooms to corporations: The effect of bankruptcy court establishment on firm acquisitions
	Rehman, Obaid Ur 1,2; Zhou, Zihan 3; Wu, Kai 3,4; Li, Wen 1,2
	2024-03
在线发表日期	2024-01
发表期刊	FINANCE RESEARCH LETTERS
卷号	61
摘要	We examine the impact of bankruptcy court establishment (BCE) on corporate acquisition activities using hand -collected data of city -level BCE in China from 2008 to 2020. The results show that BCE promotes corporate acquisition activities largely due to mitigated information asymmetry and decreased deal inefficiency. Our results highlight the important role of judiciary reform in corporate acquisition decisions in emerging markets.
关键词	Bankruptcy court Judiciary reform Firm acquisition
DOI	10.1016/j.frl.2024.105037
收录类别	SSCI
ISSN	1544-6123
语种	英语
WOS研究方向	Business & Economics
WOS类目	Business, Finance
WOS记录号	WOS:001175416100001
出版者	ACADEMIC PRESS INC ELSEVIER SCIENCE
原始文献类型	Article
EISSN	1544-6131
引用统计	被引频次：1[WOS] [WOS记录] [WOS相关记录]
文献类型	期刊论文
条目标识符	http://ir.lzufe.edu.cn/handle/39EH0E1M/35777
专题	兰州财经大学
通讯作者	Wu, Kai
作者单位	1.Lanzhou Univ Finance & Econ, Econ Res Inst Belt & Rd Initiat, Lanzhou, Peoples R China; 2.LanZhou Univ Finance & Econ, Sch Finance, Lanzhou, Peoples R China; 3.Cent Univ Finance & Econ, Sch Finance, Beijing, Peoples R China; 4.Cent Univ Finance & Econ, Sch Finance, Beijing 102206, Peoples R China
第一作者单位	兰州财经大学
推荐引用方式 GB/T 7714	Rehman, Obaid Ur,Zhou, Zihan,Wu, Kai,et al. From courtrooms to corporations: The effect of bankruptcy court establishment on firm acquisitions[J]. FINANCE RESEARCH LETTERS,2024,61.
APA	Rehman, Obaid Ur,Zhou, Zihan,Wu, Kai,&Li, Wen.(2024).From courtrooms to corporations: The effect of bankruptcy court establishment on firm acquisitions.FINANCE RESEARCH LETTERS,61.
MLA	Rehman, Obaid Ur,et al."From courtrooms to corporations: The effect of bankruptcy court establishment on firm acquisitions".FINANCE RESEARCH LETTERS 61(2024).