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On the structure of take-over models, and insider-outsider conflicts in negotiated take-overs

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  • Sercu, P.
  • Van Hulle, C.

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  • Sercu, P. & Van Hulle, C., 1995. "On the structure of take-over models, and insider-outsider conflicts in negotiated take-overs," Journal of Banking & Finance, Elsevier, vol. 19(1), pages 11-44, April.
  • Handle: RePEc:eee:jbfina:v:19:y:1995:i:1:p:11-44
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    1. Ken Binmore & Ariel Rubinstein & Asher Wolinsky, 1986. "The Nash Bargaining Solution in Economic Modelling," RAND Journal of Economics, The RAND Corporation, vol. 17(2), pages 176-188, Summer.
    2. Morck, Randall & Shleifer, Andrei & Vishny, Robert W, 1990. "Do Managerial Objectives Drive Bad Acquisitions?," Journal of Finance, American Finance Association, vol. 45(1), pages 31-48, March.
    3. Michael J. Fishman, 1988. "A Theory of Preemptive Takeover Bidding," RAND Journal of Economics, The RAND Corporation, vol. 19(1), pages 88-101, Spring.
    4. Grossman, Sanford J. & Hart, Oliver D., 1988. "One share-one vote and the market for corporate control," Journal of Financial Economics, Elsevier, vol. 20(1-2), pages 175-202, January.
    5. Shleifer, Andrei & Vishny, Robert W, 1988. "Value Maximization and the Acquisition Process," Journal of Economic Perspectives, American Economic Association, vol. 2(1), pages 7-20, Winter.
    6. Berkovitch, Elazar & Khanna, Naveen, 1991. "A Theory of Acquisition Markets: Mergers versus Tender Offers, and Golden Parachutes," The Review of Financial Studies, Society for Financial Studies, vol. 4(1), pages 149-174.
    7. Grossman, Sanford J. & Perry, Motty, 1986. "Sequential bargaining under asymmetric information," Journal of Economic Theory, Elsevier, vol. 39(1), pages 120-154, June.
    8. Leach, J Chris, 1992. "Repetition, Reputation, and Raiding," The Review of Financial Studies, Society for Financial Studies, vol. 5(4), pages 685-708.
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    10. John Sutton, 1986. "Non-Cooperative Bargaining Theory: An Introduction," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 53(5), pages 709-724.
    11. Morck, Randall & Shleifer, Andrei & Vishny, Robert W, 1989. "Alternative Mechanisms for Corporate Control," American Economic Review, American Economic Association, vol. 79(4), pages 842-852, September.
    12. Harris, Milton & Raviv, Artur, 1988. "Corporate control contests and capital structure," Journal of Financial Economics, Elsevier, vol. 20(1-2), pages 55-86, January.
    13. Stulz, ReneM., 1988. "Managerial control of voting rights : Financing policies and the market for corporate control," Journal of Financial Economics, Elsevier, vol. 20(1-2), pages 25-54, January.
    14. Shleifer, Andrei & Vishny, Robert W, 1986. "Large Shareholders and Corporate Control," Journal of Political Economy, University of Chicago Press, vol. 94(3), pages 461-488, June.
    15. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    16. Giammarino, Ronald M & Heinkel, Robert L, 1986. "A Model of Dynamic Takeover Behavior," Journal of Finance, American Finance Association, vol. 41(2), pages 465-480, June.
    17. Constantinides, George M., 1984. "Warrant exercise and bond conversion in competitive markets," Journal of Financial Economics, Elsevier, vol. 13(3), pages 371-397, September.
    18. Hirshleifer, David & Titman, Sheridan, 1990. "Share Tendering Strategies and the Success of Hostile Takeover Bids," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 295-324, April.
    19. YZEWYN, Dirk & MEERSMAN, Hilde & PAUWELS, Johan & ERREYGERS, Guido & SCHROYEN, Fred & DOMBRECHT, Michel & LAMPAERT, Stefaan & MAES, Ivo & MARIJSSE, Stefaan & HENDRICKX, Koen & PARYS, Wilfried & VAN HO, 1991. "YZEWYN, Dirk: “Innovation and regional development (Hans-Jürgen EWERS & Jürgen ALLESCH, Walter de Gruyter, 1990)” (p. 745); MEERSMAN, Hilde: “Open economy Macroeconomics (Ronald SHONE, Harvester Wheat," Economic and Social Journal (Economisch en Sociaal Tijdschrift), University of Antwerp, Faculty of Business and Economics, vol. 45(4), pages 745-775, December.
    20. Sanford J. Grossman & Oliver D. Hart, 1980. "Takeover Bids, the Free-Rider Problem, and the Theory of the Corporation," Bell Journal of Economics, The RAND Corporation, vol. 11(1), pages 42-64, Spring.
    21. Mark Bagnoli, Barton L. Lipman, 1988. "Successful Takeovers without Exclusion," The Review of Financial Studies, Society for Financial Studies, vol. 1(1), pages 89-110.
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    1. Sercu, Piet & Van Hulle, Cynthia, 1995. "Financing instruments, security design, and the efficiency of takeovers: A note," International Review of Law and Economics, Elsevier, vol. 15(4), pages 373-393, December.

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