Alemany, Margalida; Crespí Cladera, Rafel - In: Vierteljahrshefte zur Wirtschaftsforschung 70 (2001) 2, pp. 214-224
The adoption of takeover protections, from the empirical side, has been focused to find supporting evidence to the entrenchment hypothesis or to the shareholder value hypothesis. The expected result is a negative impact on shareholder wealth when decisions for additional takeover defenses are...
