...&As decrease information asymmetry (de Sousa Barros et al., 2021). Thus, M&As create an ecosystem that encourages more M&As. Merger Emerging VAR model Granger causality Brazil C01 F20 The emerging countries are a diverse group. Mody (2004) describes emerging economies...

.... Second, the authors introduce bank capital and contemporaneously determine the interplay between R-C-E using seemingly unrelated regression equation (SURE) and three-staged least squares (3SLS). Last, the authors assess stability in inter-temporal associations using Granger causality in an autoregressive...

...-regression (VAR) framework to examine the firm-level dynamics among investment, earnings and dividends. The firm-level VAR yields Granger causality results, impulse response functions, and variance decompositions characterizing the dynamics of these three variables at the firm level. Findings...