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Burkart, Mike; Gromb, Denis; Müller, Holger M.; … - 2011

Persistent link: https://www.econbiz.de/10009155928

The effects of convergence : internationalisation and the changing distribution of net value added in large German firms

Hassel, Anke; Beyer, Jürgen - 2001

Persistent link: https://www.econbiz.de/10009502704

An emerging market for corporate control? : The Mannesmann takeover and German corporate governance

Höpner, Martin; Jackson, Gregory - 2001

Persistent link: https://www.econbiz.de/10009502706

Operating performance changes associated with corporate mergers and the role of corporate governance

Carline, Nicholas F.; Linn, Scott C.; Yadav, Pradeep - 2004

We find that corporate governance characteristics of acquiring firms (board ownership, board size, and block-holder control) have an economically and statistically significant impact on operating performance changes following mergers. We also show that dispersion of intra-board ownership stakes...

Persistent link: https://www.econbiz.de/10009524824

The effect of liquidity on governance

Edmans, Alex; Fang, Vivian W.; Zur, Emanuel - 2011

Persistent link: https://www.econbiz.de/10009490240

Does CEO fitness matter?

Limbach, Peter; Sonnenburg, Florian - 2015 - This draft: November 2015

This study provides evidence suggesting that CEOs’ physical fitness has a positive impact on firm value, consistent with the beneficial effects of fitness on, e.g., cognitive functions, stress coping and job performance. For each of the years 2001 to 2011, we define S&P 1500 CEOs as fit if...

Persistent link: https://www.econbiz.de/10011392655

Workshop Klein- und Mittelunternehmen in Japan V - Themenschwerpunkt: M&A in Japan - ein neues Instrument der Unternehmenspolitik?

Lichtblau, Karl (contributor); Pascha, Werner (contributor); … - Workshop Klein- und Mittelunternehmen in Japan <5, … - 2000

The volume is a collection of papers on 'M&A in Japan - a new instrument for corporate policy', with a special emphasis on small and medium firms, presented at a workshop in December 1999. The first contribution gives an overview of international M&A in recent years. Next, preliminery results of...

Persistent link: https://www.econbiz.de/10010512347

CEO fitness and firm value

Limbach, Peter; Sonnenburg, Florian - 2015 - First Draft: September 2014, This Draft: May 2015

We provide evidence for a positive impact of CEO fitness on firm value (Tobin's Q). For each of the years 2001 to 2011, we define S&P 1500 CEOs as fit if they finish a marathon. Fit CEOs are associated with higher firm profitability and M&A announcement returns. Effects on firm value are...

Persistent link: https://www.econbiz.de/10010517150

Competition and corporate control in partial ownership acquisitions

Stühmeier, Torben - 2016

Competition authorities have a growing interest in assessing the effects of partial ownership arrangements. We show that the effects of such agreements on competition and welfare depend on the intensity of competition in the market and on the firms' governance structure. When assessing the...

Persistent link: https://www.econbiz.de/10011422847

White knights and the corporate governance of hostile takeovers

Calcagno, Riccardo; Falconieri, Sonia - 2008

We analyze the dynamics of takeover contests where hostile raiders compete against white knights involved by a lead … to set a minimum takeover price. We characterize the conditions under which a white knight wins the takeover contest … white knights as an anti-takeover device and the role played by leading minority blockholders in the market for corporate …

Persistent link: https://www.econbiz.de/10011377390