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The international market for corporate control: Evidence from acquisitions of financial firms

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  • Biswas, Rita
  • Fraser, Donald R.
  • Mahajan, Arvind

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  • Biswas, Rita & Fraser, Donald R. & Mahajan, Arvind, 1997. "The international market for corporate control: Evidence from acquisitions of financial firms," Global Finance Journal, Elsevier, vol. 8(1), pages 33-54.
  • Handle: RePEc:eee:glofin:v:8:y:1997:i:1:p:33-54
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    References listed on IDEAS

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    1. B. Espen Eckbo, 1986. "Mergers and the Market for Corporate Control: The Canadian Evidence," Canadian Journal of Economics, Canadian Economics Association, vol. 19(2), pages 236-260, May.
    2. Bradley, Michael & Desai, Anand & Kim, E. Han, 1988. "Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms," Journal of Financial Economics, Elsevier, vol. 21(1), pages 3-40, May.
    3. Julian R. Franks & Robert S. Harris & Cohn Mayer, 1988. "Means of Payment in Takeovers: Results for the United Kingdom and the United States," NBER Chapters, in: Corporate Takeovers: Causes and Consequences, pages 221-264, National Bureau of Economic Research, Inc.
    4. repec:bla:jfinan:v:43:y:1988:i:5:p:1161-75 is not listed on IDEAS
    5. Millon Cornett, Marcia & De, Sankar, 1991. "Medium of Payment in Corporate Acquisitions: Evidence from Interstate Bank Mergers," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 23(4), pages 767-776, November.
    6. Morck, Randall & Yeung, Bernard, 1991. "Why Investors Value Multinationality," The Journal of Business, University of Chicago Press, vol. 64(2), pages 165-187, April.
    7. Dunning, John H, 1973. "The Determinants of International Production," Oxford Economic Papers, Oxford University Press, vol. 25(3), pages 289-336, November.
    8. Harris, Robert S & Ravenscraft, David, 1991. "The Role of Acquisitions in Foreign Direct Investment: Evidence from the U.S. Stock Market," Journal of Finance, American Finance Association, vol. 46(3), pages 825-844, July.
    9. Kang, Jun-Koo, 1993. "The international market for corporate control *1: Mergers and acquisitions of U.S. firms by Japanese firms," Journal of Financial Economics, Elsevier, vol. 34(3), pages 345-371, December.
    10. Aliber, Robert Z, 1984. "International Banking: A Survey," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 16(4), pages 661-678, November.
    11. repec:fth:michin:282 is not listed on IDEAS
    12. Lin, James Wuh & Madura, Jeff & Picou, Armand, 1994. "The wealth effects of international acquisitions and the impact of the EEC integration," Global Finance Journal, Elsevier, vol. 5(1), pages 65-74.
    13. Manijeh Sabi, 1988. "An Application of the Theory of Foreign Direct Investment to Multinational Banking in LDCs," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 19(3), pages 433-447, September.
    14. Berger, Allen N. & Hunter, William C. & Timme, Stephen G., 1993. "The efficiency of financial institutions: A review and preview of research past, present and future," Journal of Banking & Finance, Elsevier, vol. 17(2-3), pages 221-249, April.
    15. James, Christopher & Wier, Peggy, 1987. "An analysis of FDIC failed bank auctions," Journal of Monetary Economics, Elsevier, vol. 20(1), pages 141-153, July.
    16. Houston, Joel F. & Ryngaert, Michael D., 1994. "The overall gains from large bank mergers," Journal of Banking & Finance, Elsevier, vol. 18(6), pages 1155-1176, December.
    17. Allen N. Berger & David B. Humphrey, 1992. "Megamergers in banking and the use of cost efficiency as an antitrust defense," Finance and Economics Discussion Series 203, Board of Governors of the Federal Reserve System (U.S.).
    18. Morck, Randall & Yeung, Bernard, 1992. "Internalization : An event study test," Journal of International Economics, Elsevier, vol. 33(1-2), pages 41-56, August.
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    Cited by:

    1. Hwang, Dar-Yeh & Wu, Wei-Hsiung, 2007. "Financial system reform in Taiwan," Journal of Asian Economics, Elsevier, vol. 18(1), pages 21-41, February.
    2. Halil Kiymaz & Osman Kilic, 2004. "International mergers and acquisitions: A jump diffusion model application," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 28(2), pages 239-251, June.
    3. Kiymaz, Halil, 2004. "Cross-border acquisitions of US financial institutions: Impact of macroeconomic factors," Journal of Banking & Finance, Elsevier, vol. 28(6), pages 1413-1439, June.

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