Mandatory Financial Disclosure and M&A Activity

The main results of the paper are based on the Bureau van Dijk’s (BvD) Amadeus and Zephyr data. Those data are commercially available. This is the structure of the folder: (1) Code Results.do: This code generates the tables and figures of the manuscript and appendix. It requires the datasets stored in the “Datasubset” folder. It saves the results in the “Output” folder. Data_aggregation_zephyr.do: This code computes our main M&A Activity variables. Data_aggregation_reporting.do: This code computes our mandatory reporting variable. (2) Data-subset This folder contains the datasets needed to run the analyses of the manuscript and appendix. Due to commercial restrictions, we include a subset of the original data. (3) Output This folder is populated after running the “Results.do” file. results_full_dataset.log: This Log file is the result of running “Results.do” with the original data