Voluntary disclosures as a form of impression management to reduce evaluative uncertainty during M&A

Basak Yakis-Douglas; Duncan Angwin; Maureen Meadows; Kwangwon Ahn

doi:10.5465/AMBPP.2014.1

Voluntary disclosures as a form of impression management to reduce evaluative uncertainty during M&A

Basak Yakis-Douglas, Duncan Angwin, Maureen Meadows, Kwangwon Ahn

Research Centre for Business in Society

Research output: Contribution to conference › Paper › peer-review

1 Citation (Scopus)

Abstract

This study develops and tests a set of hypotheses on how to manage investors’ evaluative uncertainty during M&A through a specific form of impression management, namely, interim news events. We suggest that voluntary disclosures are key in influencing investors’ reactions during M&A. Empirical support for our theoretical arguments is shown in a sample of 36,376 deals and 163,023 associated interim news events carried out by NYSE and NSDQ listed organizations over 10 years. Our research contributes to literature on voluntary disclosures, impression management, and managing M&A.

Original language	English
Pages	1364-1369
Number of pages	6
DOIs	https://doi.org/10.5465/AMBPP.2014.1
Publication status	Published - 1 Jan 2014
Event	74th Annual Meeting of the Academy of Management, AOM 2014 - Philadelphia, United States Duration: 1 Aug 2014 → 4 Aug 2014

Conference

Conference	74th Annual Meeting of the Academy of Management, AOM 2014
Country/Territory	United States
City	Philadelphia
Period	1/08/14 → 4/08/14

ASJC Scopus subject areas

Management Information Systems
Management of Technology and Innovation
Industrial relations

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.5465/AMBPP.2014.1

Cite this

@conference{9fe594eaf4d54010a8f6667fa9d94744,

title = "Voluntary disclosures as a form of impression management to reduce evaluative uncertainty during M&A",

abstract = "This study develops and tests a set of hypotheses on how to manage investors{\textquoteright} evaluative uncertainty during M&A through a specific form of impression management, namely, interim news events. We suggest that voluntary disclosures are key in influencing investors{\textquoteright} reactions during M&A. Empirical support for our theoretical arguments is shown in a sample of 36,376 deals and 163,023 associated interim news events carried out by NYSE and NSDQ listed organizations over 10 years. Our research contributes to literature on voluntary disclosures, impression management, and managing M&A.",

author = "Basak Yakis-Douglas and Duncan Angwin and Maureen Meadows and Kwangwon Ahn",

year = "2014",

month = jan,

day = "1",

doi = "10.5465/AMBPP.2014.1",

language = "English",

pages = "1364--1369",

note = "74th Annual Meeting of the Academy of Management, AOM 2014 ; Conference date: 01-08-2014 Through 04-08-2014",

}

TY - CONF

T1 - Voluntary disclosures as a form of impression management to reduce evaluative uncertainty during M&A

AU - Yakis-Douglas, Basak

AU - Angwin, Duncan

AU - Meadows, Maureen

AU - Ahn, Kwangwon

PY - 2014/1/1

Y1 - 2014/1/1

N2 - This study develops and tests a set of hypotheses on how to manage investors’ evaluative uncertainty during M&A through a specific form of impression management, namely, interim news events. We suggest that voluntary disclosures are key in influencing investors’ reactions during M&A. Empirical support for our theoretical arguments is shown in a sample of 36,376 deals and 163,023 associated interim news events carried out by NYSE and NSDQ listed organizations over 10 years. Our research contributes to literature on voluntary disclosures, impression management, and managing M&A.

AB - This study develops and tests a set of hypotheses on how to manage investors’ evaluative uncertainty during M&A through a specific form of impression management, namely, interim news events. We suggest that voluntary disclosures are key in influencing investors’ reactions during M&A. Empirical support for our theoretical arguments is shown in a sample of 36,376 deals and 163,023 associated interim news events carried out by NYSE and NSDQ listed organizations over 10 years. Our research contributes to literature on voluntary disclosures, impression management, and managing M&A.

UR - http://www.scopus.com/inward/record.url?scp=85026302814&partnerID=8YFLogxK

U2 - 10.5465/AMBPP.2014.1

DO - 10.5465/AMBPP.2014.1

M3 - Paper

AN - SCOPUS:85026302814

SP - 1364

EP - 1369

T2 - 74th Annual Meeting of the Academy of Management, AOM 2014

Y2 - 1 August 2014 through 4 August 2014

ER -

Voluntary disclosures as a form of impression management to reduce evaluative uncertainty during M&A

Abstract

Conference

ASJC Scopus subject areas

UN SDGs

Access to Document

Other files and links

Fingerprint

Cite this