The effect of media coverage on target firms’ trading activity and liquidity around domestic acquisition announcements: evidence from UK

This study investigates the effect of news media coverage on trading activity in, and the liquidity of, target firms’ shares around acquisition announcements. We use the number of articles published in four of the UK's main newspapers as a proxy for media coverage. Our dataset includes 350 UK d...

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Bibliographic Details
Main Author: Gorman, Louise (author)
Other Authors: Lynn, Theo (author), Monaco, Eleonora (author), Palumbo, Riccardo (author), Rosati, Pierangelo (author)
Format: article
Language:eng
Published: 2021
Subjects:
Information asymmetry
Media coverage
Mergers and acquisitions
Stock liquidity
Target firms
Trading activity
Online Access:http://hdl.handle.net/10400.14/36297
Country:Portugal
Oai:oai:repositorio.ucp.pt:10400.14/36297

Internet

http://hdl.handle.net/10400.14/36297

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