firm-years and over 172,000 shareholders, we find that the largest providers of capital were rentiers, men with no formal …

employ 'harmful' resistance that is not perceived as being motivated by shareholders' interests. We find that harmful …

low-value mergers, the “pecking order” theory offers a different perspective, where managers conserve cash flow to … undertake positive NPV investments. We argue that the stronger position of shareholders, as opposed to firm managers, in the UK …

We develop and test hypotheses on the impact of target shareholders investment style preferences on the method of … payment and premiums in acquisitions. Stock offers (unlike cash offers) allow target shareholders to defer capital gains taxes …. This deferral value, however, depends on target shareholders willingness to retain acquirer stock. The empirical findings …

. The aim of the present paper is to investigate the returns to acquirer shareholders in the case when a combination of cash … abnormal return to the shareholders of 14 acquiring companies in India during the period 2003-08. The results indicate …

It is a ubiquitous corporate governance phenomenon in many countries that shareholders pledge their ownership as … shareholders. With a sample consisted of 21,921 firm-year observations from 2007 to 2018, we find a significant casual negative …