This study investigates acquiring firms' values, measured by Tobin's q before and after a take-over event. The sample consists of 60 large take-overs by Malaysian public listed firms from 1990 to 1999. Using the agency theory framework, the impact of the identity of the dominant owner of the...

This paper examines the relationship between the ownership stakes of the largest shareholders and the post-take-over operating performance and firm values of the acquiring firms. It was found that the operating performance as measured by the control-adjusted cash flow returns rose as the largest...

Emerging Markets and Financial Resilience presents a picture of finance research. The issue of financial resilience in emerging markets is apt and timely as emerging countries are faced with the challenge of finding ways of sustaining their current trajectory in shaping the global financial...