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Synergy, Diversification, And Incentive Effects Of Corporate Merger On Bondholder Wealth: Some Evidence

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  • John W. Settle
  • Glenn H. Petry
  • Chi-Cheng Hsia

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  • John W. Settle & Glenn H. Petry & Chi-Cheng Hsia, 1984. "Synergy, Diversification, And Incentive Effects Of Corporate Merger On Bondholder Wealth: Some Evidence," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 7(4), pages 329-339, December.
    • Handle: RePEc:bla:jfnres:v:7:y:1984:i:4:p:329-339
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    File URL: http://hdl.handle.net/10.1111/j.1475-6803.1984.tb00385.x
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    References listed on IDEAS

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    1. Jensen, Michael C. & Ruback, Richard S., 1983. "The market for corporate control : The scientific evidence," Journal of Financial Economics, Elsevier, vol. 11(1-4), pages 5-50, April.
    2. Galai, Dan & Masulis, Ronald W., 1976. "The option pricing model and the risk factor of stock," Journal of Financial Economics, Elsevier, vol. 3(1-2), pages 53-81.
    3. Kim, E Han & McConnell, John J, 1977. "Corporate Mergers and the Co-insurance of Corporate Debt," Journal of Finance, American Finance Association, vol. 32(2), pages 349-365, May.
    4. Asquith, K Paul & Kim, E Han, 1982. "The Impact of Merger Bids on the Participating Firms' Security Holders," Journal of Finance, American Finance Association, vol. 37(5), pages 1209-1228, December.
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    Cited by:

    1. Maul, D. & Schiereck, D., 2017. "The bond event study methodology since 1974," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 80723, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    2. Luc Renneboog & Peter G. Szilagyi, 2008. "Corporate Restructuring and Bondholder Wealth," European Financial Management, European Financial Management Association, vol. 14(4), pages 792-819, September.
    3. Murray, Benjamin & Svec, Jiri & Wright, Danika, 2017. "Wealth transfer, signaling and leverage in M&A," International Review of Financial Analysis, Elsevier, vol. 52(C), pages 203-212.

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