We contribute to the M&A literature by characterizing information available target insiders during pre-public takeover negotiations. analyze insider trading in firms US between 2005 and 2018. First, we show that signing confidentiality agreements is an important threshold. Second, have a good grasp of deal success. They increase their net purchases only deals with higher completion probability....

UNLABELLED Coalitions of multinational food and drink businesses have pledged to reformulate their products and to market them responsibly. Largely business-led and self-regulated, the integrity of these voluntary initiatives has been questioned. The Public Health Responsibility Deal in England is an example of a voluntary initiative that is government-led. Does this approach provide evidence t...