We examine the announcement and post-acquisition share returns of 4,000 acquisitions by U.K. public firms during 1984 …-1998. We include acquisitions of domestic and cross-border targets, and of both publicly quoted and privately held targets. In … acquisitions of domestic public targets, abnormal returns are negative over both the announcement and post-acquisition period. In …

This paper develops and empirically tests a new methodology for evaluating the financial performance of takeovers. The … existing accounting and event study methodologies do not adequately address the key issue of whether takeovers are a positive … methodology is used for evaluating a comprehensive sample of U.K. acquisitions completed during 1985-96. Using the traditional …

study it is documented that bidder-shareholder wealth is favoured in acquisitions where bidders have marginally more …

acquiring company shareholders in the majority of corporate acquisitions, public discontent with some pay deals for top …

fundamental conclusions reached by Ajit Singh about takeovers and the market for corporate control in his seminal contributions of …

We examine the impact of acquisitions on executive pay in UK acquirers over 1984-2001. For the overall sample, which … affected by target nationality or organizational form, although initial cross-border acquisitions do result in higher pay. Pay … increases are higher following acquisitions of targets with high pay, but not of targets in high pay countries. CEOs are …