corporate takeover threat, this paper examines how a disciplinary market for corporate control affects accounting conservatism … shareholder protection and in those experiencing larger growth in takeover activity. Further analysis reveals that elevated … takeover threats increase conservatism through changes in capital structure and investment decisions as well as improvements in …

smaller initial takeover premium proposals. We find evidence that, controlling for endogeneity, top defense litigation counsel …

&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 …

commitment, transparency, and disclosure, caring for partners, and control and audit) regarding ownership is defined. An analysis … was undertaken for the countries of Central and Eastern Europe. A higher level of foreign ownership had a positive … correlation with the corporate governance index. On the other hand, the correlation between state ownership and corporate …

We analyze the dynamics of takeover contests where hostile raiders compete against white knights involved by a lead … to set a minimum takeover price. We characterize the conditions under which a white knight wins the takeover contest … for the reason why we observe so few hostile takeovers in reality; moreover, it sheds some light on the effectiveness of …

We investigate the relation between corporate governance characteristics of hostile takeover targets and the choice to … resistance is associated with firms where managers have more pronounced ownership-based and age-related incentives for control …, and directors have equity interests less aligned to stockholders. These firms also have less independent boards, are …

This paper analyzes how announce changes in the corporate control (takeover) of Endesa, Hidrocantábrico and Scottish … the target firm. Using an “event study” methodology we find that takeovers positively and significantly affect at the 1 … MCO models. Also, the results suggest the announcement of the launching of a takeover positively and significantly affects …