persistent winners are not frequent acquirers. Persistent losers appear to be overvalued at the time of the acquisition and pay …

the same industry. At the same time, the market has a tendency to be overly optimistic about IPO prospects, especially …

The impact of the announcement of a takeover bid has been widely tested in foreign literature. Therefore, the main goal … of this paper is to research the impact of the announcement of a takeover bid on the share price movements in the … takeover bid affects the share prices of the target company, which is consistent with the results of previous research …

We conduct an event study to assess the stock market evaluation of public takeover announcements. Unlike the majority …

carved-out subsidiary; and anti-takeover provisions and industry structure of a carve-out on its acquisition likelihood and …

Existing finance theory predicts that managers of takeover targets will increase leverage to enhance managerial control … which can, in turn, allow target managers to thwart a takeover attempt altogether. We find that targets significantly … poorly performing target managers made between takeover announcement and withdrawal result in significantly negative abnormal …