Henning, Laura Sophie; Oesch, David - School of Finance, Universität St. Gallen - 2014
implications for the short- and long-run merger performance. We find that shareholder voting dissent is negatively related to both … re-solved upon a “pass” vote. Furthermore, we find that voting dissent is negatively related to long-run abnormal merger … performance suggesting a predictive power of merger votes. …