Huang, Jianning; University of Lethbridge. Faculty of Management
(Lethbridge, Alta. : University of Lethbridge, Faculty of ManagementManagement, 2015)
Financial intermediaries (such as banks) are delegated to monitor borrowers (Diamond, 1984). In the merger wave, many acquirers raise funds by borrowing syndicated loans to fund their M&A deals (Huang, Lu, & Srinivasan, ...