in 2005 made shareholders better-off. This implies the post merger and acquisition desire of bank managements to reward … shareholders and attract new investors during future increases in banks’ capital base. -- merger and acquisition ; dividends …. Coping with these require finance and instant expansion which are both expensive and difficult. Merger and acquisition has …

This study explores the investment behavior of underperforming chief executive officers (CEOs) on merger frequency and … the effect on acquirers’ shareholder wealth of merger bids in U.S. industrial firms. We find that underperforming CEOs are … wealth, we find that there is no evidence to indicate that underperforming CEOs perform more poorly with a merger bid …

This paper examines whether post-merger board composition affects the premiums paid to target shareholders. Using a … sample of 207 stock-for-stock mergers from 1996 to 2004, we show that target merger premiums vary inversely with target … director representation on the post-merger board. We also provide some evidence that both inside and outside target directors …

Using hand-collected data, we examine the targeting of shareholder class action lawsuits in merger & acquisition (M …&A) transactions, and the associations of these lawsuits with offer completion rates and takeover premia. We find that M&A offers … takeover premia in completed deals, after controlling for the same factors. Economically, the expected rise in takeover premia …