In this paper, we exploit the specificity of going-private transactions that are initiated by the historical controlling shareholders (i.e., voluntary delistings). In Continental Europe, the majority of firms that become private do so following a buyout offer with squeeze-out (BOSO); using this...

In this paper, we exploit the specificity of going-private transactions that are initiated by the historical controlling shareholders (i.e., voluntary delistings). In Continental Europe, the majority of firms that become private do so following a buyout offer with squeeze-out (BOSO); using this...

We examine the determinants of voluntary synergy disclosure by target companies during takeover bids. The sample contains 124 French takeover bids between 1999 and 2011. The variables assumed to influence the targets' synergy disclosure are the characteristics of the bid and the characteristics...

The presentation format of information related to business performance might determine interested parties' understanding of that performance. To address this point, this research involves an experimental study with 276 respondents, whose understanding depends not just on presentation format but...

This paper provides a literature review of the delisting phenomenon in the US, the UK and Continental Europe. Delisting is defined as the removal of a listed company from a stock exchange, but the phenomenon is characterized by a great heterogeneity. The observed heterogeneity in delistings...