Showing 71 - 80 of 438,142
Persistent link: https://www.econbiz.de/10011595595
Persistent link: https://www.econbiz.de/10011574385
We examine whether, how, and why acquirer shareholder voting matters. We show that acquirers with low institutional ownership, high deal risk, and high agency costs are more likely to bypass shareholder voting. Such acquirers have lower announcement returns and make higher offers than those who...
Persistent link: https://www.econbiz.de/10012903190
Author examines the situation while the parent company controls the subsidiary and the subsidiary possess the sharing at the parent company equity. A formula for effective holding is derived and proofed for a parent-subsidiary simplified structure. A short overview of the audit consequences is...
Persistent link: https://www.econbiz.de/10013118799
This paper examines the association between institutional ownership and the earnings management behavior of some French … preceding the merger-offer in the presence of institutional cross-holding. However, the presence of active institutions turns … restrict the opportunities of earnings management around mergers and acquisitions. Further analyses suggest that the average …
Persistent link: https://www.econbiz.de/10013072654
ownership increases the probability that a merger deal is cross-border, successful, and the bidder takes full control of the …
Persistent link: https://www.econbiz.de/10013158587
Persistent link: https://www.econbiz.de/10013163564
ownership increases the probability that a merger deal is cross-border, successful, and the bidder takes full control of the …
Persistent link: https://www.econbiz.de/10013148427
Persistent link: https://www.econbiz.de/10013407055
“Common Ownership” is a phenomenon where shareholders hold substantial stakes in firms that impose externalities on each other. The “Common Ownership” hypothesis suggests that these shareholders may internalize some of these externalities amongst their portfolio firms. While most of the...
Persistent link: https://www.econbiz.de/10013292827