The international transactions accounts provide information on trade in goods and services (including the balance of … measure the value of U.S. international assets and liabilities and direct investment by multinational companies. BEA’s data on …

takeover imposed by the market for corporate control. We complement other empirical studies on managerial compensation and … consists of 51 firms in the U.S. oil industry from 1977 to 1994. Third, we employ ex ante measures of the threat of takeover at … the individual firm level which are superior to ex post measures like actual takeover occurrence or past incidence of …

This paper investigates the optimal bidding strategy for the initial bidder in takeover contests. In the theoretical …

takeover risk to the outsourcer.Knowledge translates into cash flows interpreted as asset values modelled as geometricBrownian …

This paper analyzes the interaction between financial leverage and takeover activity. We develop a dynamic model of …, and takeover terms, in which the bidder with the lowest leverage wins the takeover contest. Based on the resulting … bidder is below the industry average and that acquirers should lever up after the takeover consummation. The model also …