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This paper examines how the distribution of target ownership is related with takeover premium in owner-manager dominant …
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With the removal of statute-based anti-takeover provisions during the aftermath of Asian crisis, a significant number … firm-level anti-takeover provisions (ATP) vary over time (making firm fixed effects regression feasible) and its amendment …. Using a sample during 1999-2009, we find that firms with charter-based anti-takeover provisions are smaller in size, have …
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