Showing 1 - 10 of 25,719
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 …
Persistent link: https://www.econbiz.de/10012178422
Persistent link: https://www.econbiz.de/10009666511
Persistent link: https://www.econbiz.de/10001173369
Persistent link: https://www.econbiz.de/10001111182
Persistent link: https://www.econbiz.de/10000941659
Persistent link: https://www.econbiz.de/10000967909
We present a competitive model of takeovers that explains two robust features of the data: target premia and size-dependent bidder returns. Takeovers are driven by complementarity between two factors, non-tradeable "skill" and a tradeable "project". Firms are heterogeneous in both dimensions....
Persistent link: https://www.econbiz.de/10012866320
performance. Using a sample of acquisitions completed in the period of 1990-2006, I find that the negative association between … fully capitalize the impact of shareholder rights into stock price since the influence of shareholder rights on acquisitions …
Persistent link: https://www.econbiz.de/10012980117
Persistent link: https://www.econbiz.de/10011645422
Persistent link: https://www.econbiz.de/10012102443