Chemmanur, Thomas J.; Paeglis, Imants; Simonyan, Karen - In: Journal of Law and Economics 54 (2011) 3, pp. 651-651
We present the first empirical analysis of the relationship between a firm’s management quality and the prevalence of antitakeover provisions in its corporate charter and their influence on initial public offering (IPO) valuation and post-IPO performance. We test the implications of the...