high takeover threat. This study examines the effects of hostile takeover threats on managerial efforts to innovate. Our … results show that more active hostile takeover markets stifle managerial efforts in corporate innovation. The findings suggest … that managers tend to be more myopic when firms are exposed to hostile takeover threats. Managers will put less effort into …

We study effects on prices and quantities of a takeover in the rather concentrated German interurban bus industry. We … empirically asses the effect of the takeover of Postbus by Flixbus on industry key features, using a route-level price data set … prices significantly increase and quantities decrease in the post-takeover phase. However, these results are mainly driven by …

takeover risk to the outsourcer.Knowledge translates into cash flows interpreted as asset values modelled as geometricBrownian …

This paper analyzes the interaction between financial leverage and takeover activity. We develop a dynamic model of …, and takeover terms, in which the bidder with the lowest leverage wins the takeover contest. Based on the resulting … bidder is below the industry average and that acquirers should lever up after the takeover consummation. The model also …

as the German Takeover Act by using derivative instruments in thecontext of the attack of Schaeffler KG on Continental AG …