Religion and Takeovers
نویسنده
چکیده
This study examines whether religiosity at the county level will influence the firms take over decision. I find robust evidence that firms headquartered in counties with higher levels of religiosity exhibit lower risky take over decisions. This finding is consistent with the view that religion, as a set of social norms, helps to curb risky activities by managers.
منابع مشابه
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