• Cross border mergers and acquisitions and default risk

      Koerniadi, H; Krishnamurti, C; Tourani Rad, A (The Indonesian Financial Management Association (IFMA), 2013)
      Using a cross-country sample of mergers and acquisitions, we examine the role of cultural, institutional, geographic and managerial factors on post-merger default risk. We find that cultural factors, especially the relative ...
    • Cross-border mergers and acquisitions and default risk

      Koerniadi, H; Krishnamurti, C; Tourani-Rad, A (Elsevier, 2015)
      We examine the impact of cross-border mergers on acquirers' post-merger default risk using a sample of 375 US acquiring firms from 1997 to 2011. After controlling for cultural, institutional, geographic and managerial ...
    • What Drives the Declining Wealth Effect of Subsequent Share Repurchase Announcements?

      Ding, D; Koerniadi, H; Krishnamurti, C (MDPI, 2017)
      Recent academic studies document that open market share repurchase announcements in the United States generate significantly lower returns than those reported in earlier studies. We find that the lower announcement return ...