Kini, Omesh; Kracaw, William; Mian, Shehzad - In: Journal of Finance 59 (2004) 4, pp. 1511-1552
This paper provides a comprehensive examination of the disciplinary role of the corporate takeover market using a sample of U.S. target firms over the period 1979 to 1998. The time period spanned allows a broader study not only of the disciplinary role of the takeover market in general, but also...