When Do Acquirers Ask the Barber? Certifying the Exchange in the Hiring of High-Reputation Financial Advisors

This workbook contains supplementary statistical analyses for “When Do Acquirers Ask the Barber? Certifying the Exchange in the Hiring of High-Reputation Financial Advisors.” Based on 741 completed acquisitions by publicly listed acquirers between 2012 and 2022, it includes variable definitions, descriptive statistics, logistic regression results, predicted probabilities, sensitivity analyses, and model diagnostics. The underlying deal-level data, licensed from Thomson Reuters SDC, are not included.