announcement events. Takeover announcements are not random because managers decide rationally whether to bid or not, this indicates … conditional model the results indicate that after controlling for the self-selection bias effect, shareholders of bidder firms … make normal returns. Results are robust and consistent with conventional economic theory. In sum failing to account for …

employ 'harmful' resistance that is not perceived as being motivated by shareholders' interests. We find that harmful … resistance is associated with firms where managers have more pronounced ownership-based and age-related incentives for control …

The paper examines the returns to shareholders of acquiring companies in India during the period 2003-08. The abnormal … or unlisted) acquired on the stock returns of the acquiring companies' shareholders.The results indicate that M …&A generate statistically significant abnormal returns on the announcement as well as higher post M&A returns for shareholders of …

This paper analyses lawsuits against shareholders' resolutions according to the German Stock Corporation Act (AktG) and … lawsuit is pending with a court. In particular, mergers have to be implemented without any delay. The minority shareholders … voting power of minority shareholders and create incentives to use the real option inefficiently. Therefore, the majority …

a greater likelihood of goodwill impairment. Overall, our findings indicate that controlling shareholders increasingly … expropriate minority shareholders through self-serving corporate takeovers after the stock pledge …