# Cultural similarity as in-group favoritism: The impact of religious and ethnic similarities on alliance formation and announcement returns

> Research article (Journal of Corporate Finance, 2015) · cited 45× · AI/ML

**Wikidata**: [openalex:W3125902916](https://www.wikidata.org/wiki/openalex:W3125902916)  
**Source**: https://4ort.xyz/entity/cultural-similarity-as-in-group-favoritism-the-impact-of-religious-and-ethnic-similarities-on-alliance-formation-and-ann
