Khan, Majeed Ullah; Tariq, Yasir Bin - In: Cogent business & management 10 (2023) 1, pp. 1-28
The purpose of the study is to examine the impact of agency issues such as free cash flow, empire-building, managerial … cash flow, firms’ size, industry relatedness, and block holding. Two-sample t-test is used for univariate analysis, and OLS … declined as compared to pre-M&A financial performance over three (−3, +3) years window. Opposite to the free cash flow …