Market reactions to voluntary disclosures of a strategic alliance agreement: evidence from China
(2022)
Journal Article
Zhang, X., Li, W., & Gao, S. (2023). Market reactions to voluntary disclosures of a strategic alliance agreement: evidence from China. Spanish Journal of Finance and Accounting / Revista Española de Financiación y Contabilidad, 52(2), 233-263. https://doi.org/10.1080/02102412.2022.2051322
This paper examines the market reaction to strategic alliance agreements (SAAs), a prevalent yet previously uninvestigated corporate voluntary disclosure practice. We document that investors react positively to SAA disclosures in short windows, and t... Read More about Market reactions to voluntary disclosures of a strategic alliance agreement: evidence from China.