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Changes in governance, the market for corporate control, and the mechanisms for hostile takeovers in Continental Europe: The case of Arcelor?s takeover by Mittal Steel

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  • Ronald Jean Degen

    (International School of Management Paris)

Abstract

This paper describes the changes in governance, the market for corporate control, and the mechanism for hostile takeovers that have occurred in the last decade in Continental Europe, using the hostile takeover of Arcelor by Mittal Steel to illustrate these changes.

Suggested Citation

  • Ronald Jean Degen, 2012. "Changes in governance, the market for corporate control, and the mechanisms for hostile takeovers in Continental Europe: The case of Arcelor?s takeover by Mittal Steel," Working Papers 87, globADVANTAGE, Polytechnic Institute of Leiria.
    • Handle: RePEc:pil:wpaper:87
    as

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    File URL: https://globadvantage.ipleiria.pt/files/2012/02/working_paper-87_globadvantage.pdf
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    References listed on IDEAS

    as
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    4. Martynova, M. & Renneboog, L.D.R., 2006. "The Performance of the European Market for Corporate Control : Evidence from the 5th Takeover Wave," Discussion Paper 2006-118, Tilburg University, Center for Economic Research.
    5. Martynova, M. & Renneboog, L.D.R., 2006. "Mergers and Acquisitions in Europe," Discussion Paper 2006-003, Tilburg University, Tilburg Law and Economic Center.
    6. Andriy Bodnaruk & Massimo Massa & Andrei Simonov, 2009. "Investment Banks as Insiders and the Market for Corporate Control," The Review of Financial Studies, Society for Financial Studies, vol. 22(12), pages 4989-5026, December.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    governance; market for corporate control; hostile takeovers; Arcelor takeover;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration

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