Publications
MARC's sponsors strive to ensure the delivery of innovative research that is relevant in the complex, fast-moving world of M&A. As a first step, research topics are agreed between MARC's academic team and the senior sponsors, reflecting a broad range of viewpoints.
Independent
The research is carried out independently, with respondents participating on a strictly anonymous basis. The research is then developed into full-length papers and subjected to a strict academic review process, as well as reviews by MARC's sponsors.
This approach delivers the Centre's two chief aims:
- To extract practical insights from research and share them quickly
- To ensure research is supported by academic rigour
Academic Journals
Publications in world leading finance academic journals
- Employment Protection and Takeovers
Dessaint, O., Golubov, A. & Volpin, P.
Journal of Financial Economics
Vol. 125, No. 2, pp 369-388 - Contractual revisions in compensation: Evidence from merger bonuses to target CEOs
Fich, E.M., Rice, E. & Tran, A.(2016)
Journal of Accounting and Economics
Vol. 61, No. 2–3, pp 338-368 - Do Stock-Financed Acquisitions Destroy Value? New Methods and Evidence
Golubov A., Petmezas D. & Travlos N.G. (2016)
Review of Finance
Vol. 20, No. 1, pp 161-200 - Extraordinary acquirers
Golubov, A., Yawson A. & Zhang H. (2015)
Journal of Financial Economics
Vol. 116, No. 2, pp 314-330 - Motivated monitors: The importance of institutional investors' portfolio weights
Fich, E.M., Harford, J. & Tran, A. (2015)
Journal of Financial Economics
Vol. 118, No. 1, pp 21-48 - On the importance of golden parachutes
Fich, E.M., Tran, A.L. & Walkling, R.A. (2013)
Journal of Finance and Quantitative Analysis
Vol. 48, pp 1717-1753 - Stock option grants to target CEOs during private merger negotiations
Cai, J., Fich, E.M. & Tran, A.L.
Journal of Financial Economics
Vol. 101, pp 413-430
Other publications
- Assessing market attractiveness for mergers and acquisitions: the M&A Attractiveness Index Score
Appadu, N., Faelten, A., Moeller, S. & Vitkova, V. (2014)
The European Journal of Finance - Earnout deals: Method of initial payment and acquirers’ gains
Barbopoulos, L., Paudyal, K. & Sudarsanam, S. (2017)
European Financial Management
pp 1354-7798 - Post-privatisation effects of management and employee buyouts
Buck, T., Filatotchev, I. & Wright, M. (2002)
Annals of Public and Cooperative Economics
Vol. 73, No. 3, pp 303-352 - Distress classification measures in the banking sector
Carapeto, M., Moeller, S., Faelten, A. Vitkova, V. & Bortolotto, L. (2011)
Risk Governance & Control: Financial markets and institutions
Vol. 1, Issue 4 - An examination of multiple plans in Chapter 11 reorganizations
Carapeto, M. (2007)
Journal of Financial Stability
Vol. 3, No. 3, pp 279-293 - Explaining deviations from absolute priority rules
Carapeto, M. (2006)
Journal of Financial Stability
Vol. 3, No. 3, pp 543-560 - Emerging patterns in deviations from absolute priority rules in bankruptcy
Carapeto, M. (2005)
Journal of Restructuring Finance
Vol. 2, No. 2, pp 101-109 - Bankruptcy bargaining with outside options and strategic delay
Carapeto, M. (2005)
Journal of Corporate Finance
Vol. 11, No. 4, pp 736-746 - Organizational identity change: managerial regulation and member identification in an accounting firm acquisition
Empson, L. (2004)
Accounting, Organizations and Society
Vol. 29, pp 759-781 - Fear of exploitation and fear of contamination: impediments to knowledge transfer in mergers between professional service firms
Empson, L. (2001)
Human Relations
Vol. 54, No. 7, pp 839-862 - Mergers between professional services firms: exploring an undirected process of integration
Empson, L. (2000)
Advances in Mergers and Acquisitions
Vol. 1, pp 205-237 - Merging professional service firms
Empson, L. (2000)
Business Strategy Review
Vol. 11, Issue 2, pp 39-46 - Mergers and acquisitions in the NHS: lessons learnt and recommendations
Falzon, C. & Moeller, S. (2015)
UK Department of Health - Do Acquirers Benefit from Retaining Target CEOs?
Fich, E.M., Officer, M. & Tran, A. (2016) - Learning from your investors - Can the composition of institutional investors affect the chance of success in international M&A deals?
Gietzmann, M., Faelten, A. & Vitkova, V. (2015)
Journal of Management and Governance
Vol. 19, No. 1, pp 47-69 - Naked M&A transactions: how the lack of local expertise in cross-border deals can negatively affect acquirer performance - and how informed institutional investors can mitigate this effect
Gietzmann, M., Faelten, A. & Vitkova, V. (2014)
Journal of Business Finance & Accounting
Vol. 41, No. 3-4, pp 469-506 - Considerations for a stronger first mover advantage theory
Lanzolla, G. & Suarez, F. (2008)
Academy of Management Review
Vol. 33, No. 1, pp 269-270 - Digital transformation
Lanzolla, G. & Anderson, J. (2008)
Business Strategy Review
Vol. 19, No. 2, pp 72-76 - The role of environmental dynamics in building a first mover advantage theory
Lanzolla, G. & Suarez, F. (2007)
Academy of Management Review
Vol. 32, No. 2, pp 377-392 - The half-truth of first-mover advantage
Lanzolla, G. & Suarez, F. (2005)
Harvard Business Review
Vol. 83, No. 4, pp 121-127 - Changes in block ownership in the London Stock Exchange
Lasfer, M. & Bozcuk, A. (2007)
International Journal of Business - The interrelationship between managerial ownership and board structure
Lasfer, M. (2006)
Journal of Business Finance and Accounting
Vol. 33, Nos. 7/8, pp 1006-1033 - Discussion of separation of ownership from control and acquiring firm performance: the case of family ownership in Canada
Lasfer, M. (2006)
Journal of Business Finance and Accounting
Vol. 33, Nos. 3/4, pp 544-549 - The information content of institutional trades on the London Stock Exchange
Lasfer, M. & Bozcuk, A. (2005)
Journal of Financial and Quantitative Analysis
Vol. 40, No. 3, pp 621-644 - On the monitoring role of the board of directors: the case of the adoption of Cadbury recommendations in the UK
Lasfer, M. (2004)
Advances in Financial Economics
Vol. 9, pp 287-326 - Bidder's attitude determines M&A success
Lasfer, M. & Morzaria, K. (2004)
International Financial Law Review
Vol. April, Supplement, pp 187-189 - Short-term reaction of stock markets in stressful circumstances
Lasfer, M., Melnik, A. & Thomas, D. (2003)
Journal of Banking and Finance - Do occupational pension funds monitor companies in which they hold large stakes?
Lasfer, M. & Faccio, M. (2000)
Journal of Corporate Finance
Vol. 6, No. 1, pp 71-110 - Financial distress, asset sales, and lender monitoring
Lasfer, M., Sudarsanam, S. & Taffler, R. (1996)
Financial Management
Vol. 25, No. 3, pp 57-66 - Successful M&A through Business Intelligence
Moeller, S. & Brady, C. (2015)
Intercontinental Finance
Issue 129/15 - Tell It Like It Is: Success and the Quality of M&A Deal Announcements
Moeller, S., Faelten, A. & Singh, J. (2014) - Hedge Funds: effective managers or master stock pickers
Moeller, S., Sudarsanam, S. & Vitkova, V. (2018) - The role of internal auditors in mergers, acquisitions and divestitures: an international study
Selim, G., Sudarsanam, S. & Lavine, M. (2003)
International Journal of Auditing
Vol. 7, No. 3, pp 223-246 - The separation of banking from insurance: evidence from Europe
Staikouras, S. & Nurullah, M. (2008)
Multinational Finance Journal
Vol. 12, pp 157-184 - A practical approach to blend insurance in the banking network
Staikouras, S., Artikis, P. & Mutenga, S. (2008)
Journal of Risk Finance
Vol. 9, pp 106-214 - The Greek bank-insurance model: a look at a not-so-new corporate structure
Staikouras, S. & Merikas, A. (2008)
European Research Studies Journal - Corporate bancassurance structures: the case of Greece
Staikouras, S., Artikis, P. & Mutenga, S. (2008)
Risk Management Journal
Vol. 10, pp 85-103 - De facto versus de jure bank-insurance ventures in the Greek market
Staikouras, S. & Kalotychou, E. (2007)
The Geneva Papers on Risk and Insurance
Vol. 32, pp 246-263 - Business opportunities and market realities in financial conglomerates
Staikouras, S. (2006)
The Geneva Papers on Risk and Insurance
Vol. 31, pp 124-148 - Earnout deals: Method of initial payment and acquirers’ gains
Barbopoulos, L.G., Paudyal, K. and Sudarsanam, S. (2018)
European Financial Management
Vol. 24, pp 792–828 - Target bankruptcy risk and its impact on going-private buyout performance and exit
Sudarsanam, S., Wright, M. & Huang, K. (2011)
Corporate Governance: International Review - Determinants of takeover premium in cash offers: an option pricing approach
Sudarsanam, S. & Sorwar, G. (2010)
Journal of Business Finance & Accounting
Vol. 37, Nos 5 & 6, pp 687-714 - Corporate governance convergence in Germany through shareholder activism: impact of the Deutsche Boerse bid for London Stock Exchange
Sudarsanam, S. & Broadhurst, T. (2010)
Journal of Management and Governance
DOI 10.1007/s10997-010-9141-6 - Allocative Efficiency of Internal Capital Markets: Evidence from Equity Carve-outs by Diversified Firms
Sudarsanam, S., Tian, S. & Vitkova, V. (2018) - Local versus foreign currency ratings: what determines sovereign transfer risk?
Thomas, S. & Treviño, L. (2001)
Journal of Fixed Income
Vol. 11, No. 1, pp 65-76 - 'Motivating Monitors: The importance of institutional investors' portfolio weights'
Fich, E.M., Harford, J. and Tran, A. (2015)
Journal of Financial Economics
Vol. 118, No. 1, pp 21-48 - An Analysis of Short-Term Performance of UK Cross-Border Mergers and Acquisitions by Chinese Listed Companies
Zhu, L. & Moeller, S.
Books
- Faelten, A., Driessen, M. & Moeller, S.
Why Deals Fail and How to Rescue Them: M&A lessons for business success, The Economist Book Series
(Profile Books Ltd, London, 2016) - Moeller, S.
The M&A collection : themes in best practice
(Bloomsbury, 2014) - Moeller, S. & Brady, C.
Intelligent M&A: Navigating the mergers and acquisitions minefield (2nd Edition)
(Wiley, London, 2014) - Carapeto, M., Moeller, S., Faelten, A., Vitkova, V. & Bortolotto, L.
Distress resolution strategies in the banking sector: implications for global financial crises in Kim, S.-K. & Mckenzie, M.D. (eds) International Finance Review Volume 11 - International Banking in the New Era: Post-crisis challenges and opportunities
(Emerald Publishing Group, 2010) - Empson, L.
M&A as knowledge in Angwin, D. (ed.) Mergers and Acquisitions
(Blackwell Publishing, 2007 - Lasfer, M. & Faccio, M.
Do occupational pension funds monitor companies in which they hold large stakes? in Keasey, K., Thompson, S. & Wright, M. (eds) Corporate Governance (International Library of Critical Writings in Economics Series)
(Edward Elgar Publishing, 2004) - Lasfer, M. & Faccio, M.
Institutional shareholders and corporate governance: the case of UK pension funds in McCahery, J., Moerland, P., Raaijmakers, T. & Renneboog, L. (eds) Corporate Governance Regimes: Convergence and diversity
(Oxford University Press, 2002) - Levis, M., Appadu, N. & Faelten, A.
Mergers, SEOs, divestitures & IPO performance in Levis., M. & Vismara, S. (eds) Handbook of Research on IPOs
(Edward Elgar Publishing, Cheltenham, 2013) - Moeller, S. (ed.)
Finance Essentials: The practitioners' guide
(Bloomsbury Information Ltd, London, 2012) - Moeller, S. & Carapeto, M.
Acquiring distressed and bankrupt concerns in Faulkner, D., Teerikangas, S. & Joseph, R.J. (eds) The Handbook of Mergers and Acquisitions
(Oxford University Press, 2012) - Moeller, S. & Brady, C.
Intelligent M&A: Navigating the mergers and acquisitions minefield
(Wiley, London, 2007) - Moeller, S.
Case Studies in Mergers & Acquisitions (2nd Edition)
(Pearson Publishing, Harlow, 2006) - Moeller, S.
Surviving M&A: Make the most of your company being acquired
(Wiley, London, 2009) - Sudarsanam, S.
Value creation and value appropriation in M&A deals in Joseph, R., Faulkner, D. & Teerikangas, S. (eds) The Handbook of Mergers & Acquisitions
(Oxford University Press, 2011) - Sudarsanam, S.
Creating Value from Mergers and Acquisitions: The challenges (2nd Edition)
(FT-Prentice Hall, 2010)
Case Studies
- Seeking Growth: A Case Study of Diageo Plc’s Growth Strategy in Emerging Markets
Moeller, S., Faelten, A. and Ajayi, D (2015)
The Case Centre collection
Ref. 115-058-1 - Together we Lead the Way: Action for Blind People joins The Royal National Institute of Blind People
Moeller, S., and Hawks, K. (2014)
The Case Centre collection
Ref. 314-223-1 - Quaker Oats: Acquisition of Snapple
Moeller, S. (2010)
European Case Clearing House
Ref. 310-179-1 - Bear Hug: An M&A Battle
Moeller, S. & Dellamano, R. (2010)
European Case Clearing House
Ref. 305-482-1 - Deutsche Bank (A): The Strategy and Integration behind Deutsche Bank's Acquisition of Bankers Trust
Moeller, S. & Odumodu, R. (2010)
European Case Clearing House
Ref. 305-017-1 - Deutsche Bank (B): Financing Deutsche Bank's Acquisition of Bankers Trust
Moeller, S. & Odumodu, R. (2010)
European Case Clearing House
Ref. 105-012-1 - 'The Manchester United Buccaneers?': Malcolm Glazer's Acquisition of Manchester United
Moeller, S. & Osayimwese, O. (2010)
European Case Clearing House
Ref. 107-032-1 - The Battle for Marks & Spencer: Sir Philip Green's Unsuccessful Takeover Attempt
Moeller, S. & Prodan, M. (2010)
European Case Clearing House
Ref. 307-149-1 - The Cadbury Defence
Moeller, S. & Ritson, A. (2010)
European Case Clearing House
Ref. 311-014-1 - Deutsche Börse and London Stock Exchange: The Downfall of the Friendly Raider
Moeller, S. & Syed, F. (2010)
European Case Clearing House
Ref. 305-511-1 - Abbey National: From Building Society to Acquisition Target
Moeller, S. & Wells, T. (2010)
European Case Clearing House
Ref. 305-477-1 - Santander is Coming to Town: The Acquisition of Abbey National by Grupo Santander
Moeller, S. & Wells, T. (2010)
European Case Clearing House
Ref. 305-512-1 - 'The Best Financial-Services Transaction Ever' (A): Designing the Merger of The Bank of New York and Mellon Financial
Moeller, S. (2009)
European Case Clearing House
Ref. 309-070-1 - 'The Best Financial-Services Transaction Ever' (B): The Integration of The Bank of New York and Mellon Financial
Moeller, S. (2009)
European Case Clearing House
Ref. 309-071-1 - HMV's Battle for the High Street (A): The Creation of HMV Group
Moeller, S. & Taplin, S. (2008)
European Case Clearing House
Ref. 309-075-1 - HMV's Battle for the High Street (B): Monopoly Issues in HMV's Acquisition of Ottakar's
Moeller, S. & Taplin, S. (2008)
European Case Clearing House
Ref. 309-076-1 - Rejuvenating e-marketplaces: The case of Unicredit's 1city.biz
Lanzolla, G. & Ordanini, A. (2007) - Investing at Trust & Depositary Services, Bank of New York
Moeller, S. & Dellamano, R. (2007)
European Case Clearing House
Ref. 407-007-1 - Bear Hug (A) - The Target: D&A Biopharmaceuticals
Moeller, S. & Dellamano, R. (2005)
European Case Clearing House
Ref. 305-478-1 - Bear Hug (B) - The Bidder: King Capital Partners
Moeller, S. & Dellamano, R. (2005)
European Case Clearing House
Ref. 305-479-1 - Bear Hug (C) - The Trade Buyer: Pharmatech
Moeller, S. & Dellamano, R. (2005)
European Case Clearing House
Ref. 305-480-1 - Bear Hug (D) - The Financial Buyer: Billings Investment Group (BIG)
Moeller, S. & Dellamano, R. (2005)
European Case Clearing House
Ref. 305-481-1
Conference Papers
- ‘Allocative Efficiency of Internal Capital Markets: Evidence from Equity Carve-outs by Diversified Firms’
Sudarsanam, S., Tian, S. & Vitkova, V.
Paris Financial Management Conference, Paris, France (17-19 December 2018) - ‘The Impact of Credit Rating Distance on Mergers and Acquisitions’
Alexandridis, G., Huang, Z. & Oikonomou, I.
World Finance and Banking Symposium, Taichung, Taiwan (13-14 December 2018)
[Received Best Paper Award of the conference] - ‘Do firms actively cater to dividend clienteles? Evidence from merger-induced changes in shareholder structure’
Golubov, A., Lasfer, M. & Vitkova, V.
European Finance Association Annual Meeting, Warsaw, Poland (22-25 August 2018) - ‘The Impacts of Resource Distance and Institutional Distance on the Value of M&A Transactions’
Veettil. N., Appadu. N., Veliyath. R. & Galeazzo. A.
Academy of Management 2018 Annual Meeting, Chicago, IL, USA (10-14 August 2018) - ‘Impact of Inter-country Differences in Shareholder Rights Regimes on Formation of Hedge Fund Wolf-packs, Campaign Outcomes and Target Shareholder Value Gains’
Sudarsanam, S., Vitkova, V. & Kyriazis, D.
European Financial Management Association Annual meeting, Milan, Italy (27-30 June 2018) - ‘The best bet: Should the new CEO acquire or divest?’
Appadu. N.
European Financial Management Association 2018 Annual Meeting, Milan, Italy (27-30 June 2018) - ‘The Impact of Credit Rating Distance on Mergers and Acquisitions’
Alexandridis, G., Huang, Z. & Oikonomou, I.
Multinational Finance Society 25th Annual Conference, Budapest, Hungary (24-27 June 2018) - ‘Advertising, Attention, and Acquisition Returns’
Fich, E., Starks, L. & Tran, A.
American Finance Association Annual Meeting, Philadelphia, USA (6 January 2018) - ‘Cross-Border Buyout Performance’
Tian, S.
2017 Paris Financial Management Conference, Paris, France (18-20 December 2017) - ‘Not All Acquirers are the Same: And that Matters’
Angwin, D., Appadu, N., Thanos, I. & Urs, U.
2017 SMS Special Conference Costa Rica, Costa Rica, Central America (14-16 December 2017) - ‘Corporate Tax Cuts, Merger Activity, and Shareholder Wealth’
Fich, E., Rice, E. & Tran, A.
National Tax Association Conference, Philadelphia, USA (11 November 2017) - ‘Do firms actively cater to dividend clienteles? Evidence from merger-induced changes in shareholder structure’
Golubov, A., Lasfer, M. & Vitkova, V.
Seminar Series, University of Westminster, England, UK (17 October 2017) - ‘Stock Pickers or Managers: Do Hedge Fund Activists Really Contribute to Long-term Value?’
Sudarsanam, S. & Vitkova, V.
2017 FMA Annual Meeting, Boston, USA (11-14 October 2017) - ‘Cross-Border Buyout Performance’
Tian, S.
2017 FMA Annual Meeting, Boston, USA (11-14 October 2017) - ‘M&A update amid Brexit and the EZ recovery’
Moeller, S.
ThomsonReuters Global Markets Forum, London, UK (19 September 2017) - ‘What should I do next? CEO succession and subsequent corporate strategy’
Appadu, N.
World Finance Conference, Sardinia, Italy (26-28 July 2017) - ‘Stock Pickers or Managers: Do Hedge Fund Activists Really Contribute to Long-term Value?’
Sudarsanam, S. & Vitkova, V.
European Financial Management Association 2017 Annual Meeting, Athens, Greece (28 June-1 July 2017) - ‘What should I do next? CEO succession and subsequent corporate strategy’
Appadu, N.
European Financial Management Association 2017 Annual Meeting, Athens, Greece (28 June-1 July 2017) - ‘What should I do next? CEO succession and subsequent corporate strategy’
Appadu, N.
2017 FMA European Conference, Lisbon, Portugal (22-23 June 2017) - ‘Cross-Border Buyout Performance’
Tian, S.
4th Young Finance Scholars’ Conference, University of Sussex, Brighton, UK (12-13 June 2017) - ‘Why Deals Fail and How to Rescue Them’
Moeller, S.
Panel speaker, Real Deals’ 2017 Mid-Market Conference, London, UK (2 February 2017) - ‘Is timing everything? Today’s M&A environment & target identification’
Moeller, S.
Keynote Speaker, Strategic M&A: Acquiring Smart Conference, London, UK (19 January 2017) - ‘Do diversified firms allocate capital inefficiently? Evidence from equity carve-outs’
Sudarsanam, S., Tian, S. & Vitkova, V.
Financial Management Association (FMA) Annual Meeting, Las Vegas, United States (19-22 October 2016) - ‘Competition, Auditor Independence and Audit Quality’
Xie, F.
American Accounting Association Annual Meeting, New York, USA (6-10 August 2016) - ‘Do diversified firms allocate capital inefficiently? Evidence from equity carve-outs’
Sudarsanam, S., Tian, S. & Vitkova, V.
European Financial Management Association (EFMA) Annual Meeting, Basel, Switzerland (29 June – 2 July 2016) - ‘Empirical research in M&A’
Tran, A.
Open University, Ho Chi Minh City, Vietnam (20 June 2016) - ‘Advertising, attention, and acquisition returns’
Fich, E., Starks, L. & Tran, A.
Vietnam International Conference in Finance, Vietnam (8-9 June 2016) - ‘Impact of Target Company Pension Liabilities on Takeover Premium, Bidder’s Choice of Payment Currency and Shareholder Returns’
Sudarsanam, S. & Appadu, N.
European Financial Management Association, Amsterdam (24-27 June 2015) - ‘Do Acquirers Benefit from Retaining Target CEOs?’
Fich, E., Officer, M. & Tran, A.
Vietnam International Conference in Finance, Vietnam (4-5 Jun 2015) - ‘Do Acquirers Benefit from Retaining Target CEOs?’
Fich, E., Officer, M. & Tran, A.
Eastern Finance Association Annual Meeting, New Orleans (8-11 April 2015) - ‘Do Acquirers Benefit from Retaining Target CEOs?
’Fich, E., Officer, M. & Tran, A.
Paris Financial Management Conference, Paris (15-16 December 2014) - ‘Do Acquirers Benefit from Retaining Target CEOs?’
Fich, E., Officer, M. & Tran, A.
XXII Finance Forum, Zaragoza (20-21 November 2014) - ‘Does Dividend Policy Change after M&A?’
Vitkova, V.
Financial Management Association, Nashville (15-18 October 2014) - ‘Motivated Monitors: The importance of institutional investors’ portfolio weights’
Fich, E., Harford, J. & Tran, A.
European Finance Association Annual Meeting, Lugano (27-30 August 2014) - ‘Motivated Monitors: The importance of institutional investors’ portfolio weights’
Fich, E., Harford, J. & Tran, A.
European Financial Management Association, Rome (25-28 June 2014) - ‘Motivated Monitors: The importance of institutional investors’ portfolio weights’
Fich, E., Harford, J. & Tran, A.
Financial Intermediation Research Society Annual Conference, Quebec (1-4 June 2014) - ‘Motivated Monitors: The importance of institutional investors’ portfolio weights’
Fich, E., Harford, J. & Tran, A.
Financial Management Association Annual Meeting, Tokyo (8-10 May 2014) - ‘Motivated Monitors: The importance of institutional investors’ portfolio weights’
Fich, E., Harford, J. & Tran, A.
American Finance Association Annual Meeting, Philadelphia (3-5 January 2014)
Trade Publications
- Countries in the Crosshairs
Appadu, N.
Featured in the article ‘The Great Chinese Takeaway’
BNP Paribas (online) 17 November 2016 - Selling The Story
Faelten, A., Singh, J., Moeller, S. & Badham, D.
PR Week, Finyear and The Drum
January 2015 - M&A Attractiveness Index 2013
Faelten, A., Appadu, N., Vitkova, V. & Vasileva, M.
Milano Finanza, 26 December 2013 - How They Spend It: A study of corporate cash levels and spending behaviour
Faelten, A., Appadu, N. & Vitkova, V.
Fundweb, 18 February 2013 - The Cass MARC M&A Maturity Index 2012
Faelten, A., Appadu, N., Vitkova, V., Fragiadakis, V. & Hilber, S.
CFO Magazine and the Dubai Chronicle, August 2012 - Which M&A activities drive the most shareholder value?
Faelten, A., Moeller, S. & Whitchelo, P.
Transaction Advisors (Q1 2015, Vol. 3, Issue 1) - The First 1,000 Days in the Life of an IPO
Levis, M., Faelten, A., Appadu, N. & Vitkova, V.
EFinancial News, 12 June 2012 - Now the Cadbury drama is over it is time for the debate to begin
Lampel, J.
The Sunday Telegraph, 23 January 2010 - Leaders of the pack
Lanzolla, G.
Director Magazine, June 2008 - A strong brand could be the best survival strategy (digital transformations)
Lanzolla, G.
Financial Times, 28 May 2008 - Corporate funds hold up firms' bottom lines (corporate finance)
Lasfer, M.
The Times, 31 October 2008 - Credits give small businesses a break (SME sector and tax planning)
Lasfer, M.
The Times, 9 May 2006 - Deal or no deal?
Moeller, S.
Henderson Global Investors Magazine, Q4 2014 Issue 12 - Factors that decide who escapes redundancy
Moeller, S.
Employee Benefits: Thought Leaders - Academic Insights supplement, March 2011 - Making takeovers easier to swallow
Moeller, S.
www.personneltoday.com, 22 January 2008 - The reinvention of investment banking
Moeller, S.
Finance Today, 2001 - Studying M&A targets
Moeller, S.
Financial Times 'Mastering Transactions' Supplement, 6 October 2006 - Why do an M&A deal?
Moeller, S. & Balsyte, R.
Institut für Management IfM-Impulse, 2011 - Successful M&A through business intelligence
Moeller, S. & Brady, C.
Intercontinental Finance, 2015, Issue 129, pp 16-17 - Pre-announcement M&A Activity and Its Effect on M&A Outcomes
Moeller, S. & Whitchelo, P.
Transaction Advisors (Q3 2014, Vol. 2, Issue 3) - Indignations within organisations and the next big bubble burst
Sims, D.
www.thomasnet.com, 18 July 2008 - Best. Paper. Ever. (indignation within organisations)
Sims, D.
www.boston.com, 16 May 2008 - Iron fists and velvet gloves: what's the best way to be boss?
Sims, D.
The Independent, 18 January 2008 - Career monitor (stress management via communication)
Sims, D.
Staffers, 1 January 2008 - Taking charge
Sims, D.
NQ Magazine, 1 October 2007 - A theoretical analysis of refinancing by listed companies
Zhao, H.
Fortune Key, 1 April 2008 - How oil and gas companies are dealing with low prices
Vitkova, V.
The Conversation (online) 27January 2016 - A diagnosis of the China stock market bubble
Zhao, H.
Fortune Key, 18 February 2008 - Chinese banks look to Western expansion
Zhao, H.
Retail Banking Insider, 20 December 2007
Working Papers
The Best Bet: Should the New CEO Acquire or Divest?
Appadu, N. (2018)
The Impacts of Resource Distance and Institutional Distance on the Value of M&A Transactions
Veettil. N., Appadu. N., Veliyath. R. & Galeazzo. A. (2018)
Who Gains from Corporate Rescues? Distressed M&A during Four Financial Crises
Vitkova, V. & Tian, S. (2018)
Not All Acquirers are the Same: And that Matters
Angwin, D., Appadu, N., Thanos, I & Urs, U. (2017)
Employment Protection and Takeovers
Dessaint, O., Golubov, A. and Volpin, P. (2016)
Do Acquirers Benefit from Retaining Target CEOs?
Fich, E., Officer, M. & Tran, A. (2015)
Advertising, attention, and acquisition returns
Fich, E; Starks, L; and Tran, A (2016)
Do firms actively cater to dividend clienteles? Evidence from merger-induced changes in shareholder structure
Golubov, A., Lasfer, M. & Vitkova, V. (2017)
Dividend Policy and M&A
Lasfer, M., Golubov, A. & Vitkova, V. (2015)
Corporate Actions - A Holistic (CEO) Perspective
Moeller, S. & Vitkova, V. (2015)
The Next Step: How the appointment of a CEO can affect M&A (working title)
Sudarsanam, S. & Appadu, N. (2015)
Stock Pickers or Managers: Do Hedge Fund Activists Really Contribute to Long-term Value?
Sudarsanam, S. and Vitkova, V. (2016)
Do diversified firms allocate capital inefficiently? Evidence from equity carve-outs
Sudarsanam, S. & Vitkova, V. (2015)
Who Gains from Corporate Rescues? Distressed M&A during Four Financial Crises
Vitkova, V., Tian, S. & Faelten, A. (2017)
Does the Market Value M&A Risk Factor Disclosure?
Xie, F. and Wang, T. (2016)
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