been improved by a better protection of minority shareholder rights, the efficiency of the takeover market has been reduced …

been improved by a better protection of minority shareholder rights, the efficiency of the takeover market has been reduced …

. Using supervisory trade-level data, we show that banks with closer ties to a target advisor in a takeover buy more stocks of … leaking information about takeover bids to connected banks, as it drives up the premium paid without compromising the …

. Using supervisory trade-level data, we show that banks with closer ties to a target advisor in a takeover buy more stocks of … leaking information about takeover bids to connected banks, as it drives up the final offer price without compromising the …