Harris, Oneil; Madura, Jeff; Glegg, Charmaine - In: Managerial Finance 39 (2013) 11, pp. 1077-1099
bidder outside blockholders as either aggressive monitors or moderate monitors, and tests whether the degrees of monitoring … target and bidder. The results support the premise that better monitoring leads to higher gains for shareholders in a …/value – These findings imply that agency conflicts on either side of a takeover bid may be reduced by better monitoring, but …