The impact of credit rating progression on U.S. M&A payment methods – Pre & Post Global Financial Crisis: A comparative perspective
The aim of this study is to investigate impact of 2008 Global Financial Crisis on the choice of M&A payment methods, more specifically, how M&A payment methods are influenced by credit rating progression pre and post crisis. The methods used are Ordinary Least Squares and Multinomial probit regressions. The dependent variables for the OLS model is fraction of cash with credit rating level
