We investigate the relation between corporate governance characteristics of hostile takeover targets and the choice to … employ 'harmful' resistance that is not perceived as being motivated by shareholders' interests. We find that harmful …

The paper examines the returns to shareholders of acquiring companies in India during the period 2003-08. The abnormal … or unlisted) acquired on the stock returns of the acquiring companies' shareholders.The results indicate that M …&A generate statistically significant abnormal returns on the announcement as well as higher post M&A returns for shareholders of …

shareholders as self-serving, opportunistic, and unethical, thereby alleviating the agency conflict. Religious piety is thus …

This paper analyses lawsuits against shareholders' resolutions according to the German Stock Corporation Act (AktG) and … lawsuit is pending with a court. In particular, mergers have to be implemented without any delay. The minority shareholders … voting power of minority shareholders and create incentives to use the real option inefficiently. Therefore, the majority …

announcement events. Takeover announcements are not random because managers decide rationally whether to bid or not, this indicates … conditional model the results indicate that after controlling for the self-selection bias effect, shareholders of bidder firms …

a greater likelihood of goodwill impairment. Overall, our findings indicate that controlling shareholders increasingly … expropriate minority shareholders through self-serving corporate takeovers after the stock pledge …

-term shareholders of bidding firms …

We find, in a sample of 7,581 merger offer announcements from 1990 to 2013, shareholders of 1,283 (or 17%) target firms …. To explain their disappointment, one must understand how target shareholders form expectations of premium to be received …