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This finding confirms that firms with more cash engage in more acquisitions.
Much of the literature on modularity assumes that firms with modular products adopt modular organization.
This suggests that firms with sizable employee block ownership are more prone to engage in shareholder value reducing acquisitions.
Our analysis shows that firms with more slack in their supply chain experience less negative stock market reaction.
Still, many in Congress were furious, noting that firms with the largest tax liabilities owed $113 million and $102 million.
Probit regression results show that firms with access to public funding were less likely to abandon these investments.
Studies show that firms with greater corporate responsibility performance can reduce average turnover over time by 25-50%.
In our data, we found that firms with the strongest pay-for-performance also promoted the best managers.
One study found that firms with political connections sometimes receive beneficial outcomes in government reviews of mergers and acquisitions.
Further, literature on product market competition shows that firms with low debt can aggressively price their products low enough to push out rival firms with high debt.
Consistent with the FASB's concern, the results from prior studies show that firms with weaker corporate governance mechanisms are more likely to engage in RPTs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com