La Mura, Pierfrancesco; Rapp, Marc Steffen; Schwetzler, … - In: International Review of Law and Economics 31 (2011) 4, pp. 240-248
We study the certification role of fairness opinions in corporate transactions in a simple non-cooperative setting with asymmetric information and possibly misaligned managerial incentives, and discuss the effect of different regulatory scenarios. Specifically, we compare three settings: one in...
