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Content from Reza Houston
Reza Houston is an Assistant Professor of Finance at Indiana State University. His study co-author is Stephen P. Ferris, Dean of the Trulaske College of Business at the University of Missouri. The paper discussed above is a “revise and resubmit” at the Journal of Corporate Finance, indicating that additional tests should be performed before the paper is accepted. The authors are currently in the process of performing those tests.
Firms that maintain political connections have an easier path through the merger process. In a study that is the first to examine the issue, we compare the differences in merger behavior and outcomes ...