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The Market for Corporate Control: The Empirical Evidence Since 1980

Citations

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Cited by:

  1. Bhagat, Sanjai & Dong, Ming & Hirshleifer, David & Noah, Robert, 2005. "Do tender offers create value? New methods and evidence," Journal of Financial Economics, Elsevier, vol. 76(1), pages 3-60, April.
  2. Akdogu, Evrim, 2009. "Gaining a competitive edge through acquisitions: Evidence from the telecommunications industry," Journal of Corporate Finance, Elsevier, vol. 15(1), pages 99-112, February.
  3. Vince, Péter, 2009. "Vállalatfelvásárlások egy kialakuló piacon [Takeovers in a transforming market]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 69-83.
  4. Octavian-Dragomir JORA & Mihaela IACOB, 2013. "A Reassessment of the Owner - Manager Class Conflict: the Unintended Private Consequence of Some Public Regulations," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(2), pages 323-337, May.
  5. Austin, Rebekah E. & Dunham, Lee M., 2022. "Do FinTech acquisitions improve the operating performance or risk profiles of acquiring firms?," Journal of Economics and Business, Elsevier, vol. 121(C).
  6. Fridolfsson, Sven-Olof & Stennek, Johan, 1999. "Why Mergers Reduce Profits, and Raise Share Prices," Working Paper Series 511, Research Institute of Industrial Economics, revised 03 Dec 2001.
  7. Michael C. Jensen, 2010. "The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(1), pages 43-58, January.
  8. Cook, Douglas O. & Hogan, Arthur & Kieschnick, Robert, 2004. "A study of the corporate governance of thrifts," Journal of Banking & Finance, Elsevier, vol. 28(6), pages 1247-1271, June.
  9. Laura T. Starks & Kelsey D. Wei, 2013. "Cross-Border Mergers and Differences in Corporate Governance," International Review of Finance, International Review of Finance Ltd., vol. 13(3), pages 265-297, September.
  10. Shyam Sunder, 2002. "Extensive Income and Value of the Firm: Who Gets What?," Yale School of Management Working Papers amz2607, Yale School of Management, revised 01 Jun 2009.
  11. Shleifer, Andrei & Vishny, Robert W, 1997. "A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
  12. Davor Filipovic & Marijan Cingula & Darko Tipuric, 2011. "Empirical Research About The Market For Corporate Control In Republic Of Croatia," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 20(2), pages 385-396, december.
  13. Ryngaert, Michael & Scholten, Ralph, 2010. "Have changing takeover defense rules and strategies entrenched management and damaged shareholders? The case of defeated takeover bids," Journal of Corporate Finance, Elsevier, vol. 16(1), pages 16-37, February.
  14. Mamun, Abdullah & Mishra, Dev & Zhan, Lei, 2021. "The value of intangible capital transfer in mergers," Journal of Economics and Business, Elsevier, vol. 117(C).
  15. Hellwig, Martin, 1998. "On the economics and politics of corporate finance and corporate control," Papers 98-43, Sonderforschungsbreich 504.
  16. Shawn Bolouki & Peter Lewa, 2018. "An Exploratory Study of the Impact of Top Leadership on Effectiveness of Privatization of Hospitals Through Mergers and Acquisitions in Kenya," Journal of Management and Strategy, Journal of Management and Strategy, Sciedu Press, vol. 9(3), pages 54-87, August.
  17. Porrini, Patrizia, 2006. "Are investment bankers good for acquisition premiums?," Journal of Business Research, Elsevier, vol. 59(1), pages 90-99, January.
  18. Kräkel, Matthias & Müller, Daniel, 2014. "Merger Performance and Managerial Incentives," Bonn Econ Discussion Papers 02/2014, University of Bonn, Bonn Graduate School of Economics (BGSE).
  19. Marina Martynova & Luc Renneboog, 2010. "Spillover of Corporate Governance Standards in Cross-Border Mergers and Acquisition," Chapters, in: Alessio M. Pacces (ed.), The Law and Economics of Corporate Governance, chapter 3, Edward Elgar Publishing.
  20. Yeh Tsung-Ming & Yasuo Hoshino, 2002. "THE IMPACT OF M&As ON SHAREHOLDER WEALTH: EVIDENCE FROM TAIWANESE CORPORATIONS," The Developing Economies, Institute of Developing Economies, vol. 40(4), pages 553-563, December.
  21. Payne, Thomas H. & Millar, James A. & William Glezen, G., 1996. "Fiduciary responsibility and bank-firm relationships: An analysis of shareholder voting by banks," Journal of Corporate Finance, Elsevier, vol. 3(1), pages 75-87, December.
  22. Giovanni Cespa & Giacinta Cestone, 2007. "Corporate Social Responsibility and Managerial Entrenchment," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 16(3), pages 741-771, September.
  23. Gelman, Sergey & Wilfling, Bernd, 2009. "Markov-switching in target stocks during takeover bids," Journal of Empirical Finance, Elsevier, vol. 16(5), pages 745-758, December.
  24. Uysal, Vahap B. & Kedia, Simi & Panchapagesan, Venkatesh, 2008. "Geography and acquirer returns," Journal of Financial Intermediation, Elsevier, vol. 17(2), pages 256-275, April.
  25. Foss Kirsten & Foss Nicolai & Klein Peter G. & Klein Sandra K., 2002. "Heterogeneous Capital, Entrepreneurship, and Economic Organization," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 12(1), pages 1-20, March.
  26. Bai, Ye & Girma, Sourafel & Riaño, Alejandro, 2024. "Corporate acquisitions and firm-level uncertainty: Domestic versus cross-border deals," Journal of International Money and Finance, Elsevier, vol. 140(C).
  27. Paolo Garella, 1989. "Fusions et acquisitions dans l'industrie européenne," Revue de l'OFCE, Programme National Persée, vol. 29(1), pages 185-219.
  28. Martynova, M. & Renneboog, L.D.R., 2005. "Takeover Waves : Triggers, Performance and Motives," Discussion Paper 2005-107, Tilburg University, Center for Economic Research.
  29. Becher, David A., 2000. "The valuation effects of bank mergers," Journal of Corporate Finance, Elsevier, vol. 6(2), pages 189-214, July.
  30. Karen Geurts & Johannes Van Biesebroeck, 2019. "Employment growth following takeovers," RAND Journal of Economics, RAND Corporation, vol. 50(4), pages 916-950, December.
  31. Diwakar Gupta & Yigal Gerchak, 2002. "Quantifying Operational Synergies in a Merger/Acquisition," Management Science, INFORMS, vol. 48(4), pages 517-533, April.
  32. Marco Bigelli & Stefano Mengoli, 2004. "Sub-Optimal Acquisition Decisions under a Majority Shareholder System," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 8(4), pages 373-405, October.
  33. Eugene Kang & Mark Kroll, 2014. "Deciding Who Will Rule: Examining the Influence of Outside Noncore Directors on Executive Entrenchment," Organization Science, INFORMS, vol. 25(6), pages 1662-1683, December.
  34. Carow, Kenneth A. & Heron, Randall A., 2002. "Capital market reactions to the passage of the Financial Services Modernization Act of 1999," The Quarterly Review of Economics and Finance, Elsevier, vol. 42(3), pages 465-485.
  35. Sudipto Dasgupta & Vikram Nanda, 1997. "Tender Offers, Proxy Contests, and Large‐Shareholder Activism," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(4), pages 787-820, December.
  36. Raymond da Silva Rosa & Thuy Nguyen & Terry Walter, 2004. "Market Returns to Acquirers of Substantial Assets," Australian Journal of Management, Australian School of Business, vol. 29(1_suppl), pages 111-133, June.
  37. repec:uts:finphd:35 is not listed on IDEAS
  38. Chen, Tao & Harford, Jarrad & Lin, Chen, 2015. "Do analysts matter for governance? Evidence from natural experiments," Journal of Financial Economics, Elsevier, vol. 115(2), pages 383-410.
  39. Carroll, Carolyn & Griffith, John M., 2010. "Toeholds, rejected offers, and bidder gains: Do rebuffed bidders put targets in play to profit from their toeholds?," The Quarterly Review of Economics and Finance, Elsevier, vol. 50(2), pages 214-221, May.
  40. Polasky, Stephen & Mason, Charles F., 1998. "On the welfare effects of mergers: Short run vs. long run," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(1), pages 1-24.
  41. Guojie Ma, 2016. "Corporate Behaviour and Market Integration: Evidence from the Asia-Pacific Real Estate Market," PhD Thesis, Finance Discipline Group, UTS Business School, University of Technology, Sydney, number 3-2016, January-A.
  42. Nico Rottke & Dirk Schiereck & Stephan Pauser, 2011. "M&A in the Construction Industry -Wealth Effects of Diversification into Real Estate Life Cycle Related Services," International Real Estate Review, Global Social Science Institute, vol. 14(3), pages 283-310.
  43. Boehmer, Ekkehart, 2000. "Business Groups, Bank Control, and Large Shareholders: An Analysis of German Takeovers," Journal of Financial Intermediation, Elsevier, vol. 9(2), pages 117-148, April.
  44. ATM Adnan, 2018. "Home vs. Cross-Border Takeovers: Is There Any Difference in Investor Perception?," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2018(2), pages 59-84.
  45. Liu, Tingting & Mulherin, J. Harold, 2018. "How has takeover competition changed over time?," Journal of Corporate Finance, Elsevier, vol. 49(C), pages 104-119.
  46. Harry Huizinga & Johannes Voget & Wolf Wagner, 2008. "International Taxation and Takeover Premiums in Cross-border M&As," Working Papers 0809, Oxford University Centre for Business Taxation.
  47. Antonios Antoniou & Dimitris Petmezas & Huainan Zhao, 2007. "Bidder Gains and Losses of Firms Involved in Many Acquisitions," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 34(7‐8), pages 1221-1244, September.
  48. Stephen A. Easton, 1994. "Non-simultaneity and Apparent Option Mispricing in Tests of Put-Call Parity," Australian Journal of Management, Australian School of Business, vol. 19(1), pages 47-60, June.
  49. Guo, Enyang & Keown, Arthur J. & Sen, Nilanjan, 1995. "An explanation of bidder returns in corporate acquisitions: the case of Japanese acquisitions of U.S. firms," Japan and the World Economy, Elsevier, vol. 7(2), pages 145-154, July.
  50. Sharma, Abhijit & Raat, Erwin, 2016. "Acquiring control in emerging markets: Foreign acquisitions in Eastern Europe and the effect on shareholder wealth," Research in International Business and Finance, Elsevier, vol. 37(C), pages 153-169.
  51. Jiandong Chen & Douglas Cumming & Wenxuan Hou & Edward Lee, 2016. "CEO Accountability for Corporate Fraud: Evidence from the Split Share Structure Reform in China," Journal of Business Ethics, Springer, vol. 138(4), pages 787-806, November.
  52. Adam Pilny, 2014. "Mergers and Acquisitions in the German Hospital Market – Who are the Targets?," Ruhr Economic Papers 0518, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
  53. Hornstein, Abigail S. & Nguyen, Zachary, 2014. "Is more less? Propensity to diversify via M&A and market reactions," International Review of Financial Analysis, Elsevier, vol. 34(C), pages 76-88.
  54. Raymond da Silva Rosa & Robin Limmack & Supriadi & David Woodliff, 2004. "The Equity Wealth Effects of Method of Payment in Takeover Bids for Privately Held Firms," Australian Journal of Management, Australian School of Business, vol. 29(1_suppl), pages 93-110, June.
  55. Srikanth Paruchuri & Atul Nerkar & Donald C. Hambrick, 2006. "Acquisition Integration and Productivity Losses in the Technical Core: Disruption of Inventors in Acquired Companies," Organization Science, INFORMS, vol. 17(5), pages 545-562, October.
  56. Bradbury, Michael E. & Mak, Y. T., 2000. "Ownership structure, board composition and the adoption of charter takeover procedures," Journal of Corporate Finance, Elsevier, vol. 6(2), pages 165-188, July.
  57. Podolski, Edward J. & Truong, Cameron & Veeraraghavan, Madhu, 2016. "Cash holdings and bond returns around takeovers," International Review of Financial Analysis, Elsevier, vol. 46(C), pages 1-11.
  58. Chan, Konan & Chen, Hung-Kun & Hu, Shing-yang & Liu, Yu-Jane, 2018. "Share pledges and margin call pressure," Journal of Corporate Finance, Elsevier, vol. 52(C), pages 96-117.
  59. Martynova, M. & Renneboog, L.D.R., 2006. "Mergers and Acquisitions in Europe," Other publications TiSEM 531d24e9-4f1e-4df3-80db-d, Tilburg University, School of Economics and Management.
  60. Chemla, Gilles, 2005. "Hold-up, stakeholders and takeover threats," Journal of Financial Intermediation, Elsevier, vol. 14(3), pages 376-397, July.
  61. Howard Bodenhorn, 2013. "Large Block Shareholders, Institutional Investors, Boards of Directors and Bank Value in the Nineteenth Century," NBER Working Papers 18955, National Bureau of Economic Research, Inc.
  62. Earl Shinn, 1999. "Returns to acquiring firms: The role of managerial ownership, managerial wealth, and outside owners," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 23(1), pages 78-89, March.
  63. Jozsef Molnar, 2002. "Preemptive Horizontal Mergers: Theory and Evidence," CERS-IE WORKING PAPERS 0213, Institute of Economics, Centre for Economic and Regional Studies.
  64. Harrington, Joseph E, Jr & Prokop, Jacek, 1993. "The Dynamics of the Free-Rider Problem in Takeovers," The Review of Financial Studies, Society for Financial Studies, vol. 6(4), pages 851-882.
  65. Rodrigues, Ricardo & Samagaio, António & Felício, Teresa, 2020. "Corporate governance and R&D investment by European listed companies," Journal of Business Research, Elsevier, vol. 115(C), pages 289-295.
  66. Kuipers, David R. & Miller, Darius P. & Patel, Ajay, 2009. "The legal environment and corporate valuation: Evidence from cross-border takeovers," International Review of Economics & Finance, Elsevier, vol. 18(4), pages 552-567, October.
  67. Samuel Mongrut & Mauricio Fuenzalida & Samuel Nash & Juan Tapia, 2006. "Tender Offers in South America: Do they Convey Good News to the Market?," Working Papers 06-04, Centro de Investigación, Universidad del Pacífico.
  68. Iqbal, Zahid & Shetty, Shekar, 1995. "The impact of merger outcome, bid order, payment method and managerial resistance on stock returns to bidders in multiple-bidder merger contests," International Review of Economics & Finance, Elsevier, vol. 4(1), pages 57-67.
  69. Lina M. Cortés & Iván A. Durán & Sandra Gaitán & Mateo Vasco, 2017. "Mergers and Acquisitions in Latin America: Industrial Productivity and Corporate Governance," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 53(10), pages 2179-2198, October.
  70. Brickley, James A. & Coles, Jeffrey L. & Jarrell, Gregg, 1997. "Leadership structure: Separating the CEO and Chairman of the Board," Journal of Corporate Finance, Elsevier, vol. 3(3), pages 189-220, June.
  71. Martynova, M., 2006. "The market for corporate control and corporate governance regulation in Europe," Other publications TiSEM 8651e281-4914-41f2-ac14-1, Tilburg University, School of Economics and Management.
  72. Cornett, Marcia Millon & Tanyeri, Basak & Tehranian, Hassan, 2011. "The effect of merger anticipation on bidder and target firm announcement period returns," Journal of Corporate Finance, Elsevier, vol. 17(3), pages 595-611, June.
  73. John Hagedoorn & Myriam Cloodt, 2012. "Mergers and Acquisitions and Firm Performance," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 28, Edward Elgar Publishing.
  74. Kanungo, Rama Prasad, 2021. "Uncertainty of M&As under asymmetric estimation," Journal of Business Research, Elsevier, vol. 122(C), pages 774-793.
  75. Matej Lahovnik, 2011. "Strategic fit between business strategies in the post-acquisition period and acquisition performance," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 16(4), pages 358-370.
  76. Martynova, Marina & Renneboog, Luc, 2008. "A century of corporate takeovers: What have we learned and where do we stand?," Journal of Banking & Finance, Elsevier, vol. 32(10), pages 2148-2177, October.
  77. Nai Chiek Aik & Taufiq Hassan & Shamsher Mohamad, 2015. "Do Malaysian Horizontal Mergers and Acquisitions Create Value?," Global Business Review, International Management Institute, vol. 16(5_suppl), pages 15-27, October.
  78. Hanlon, Michelle & Heitzman, Shane, 2010. "A review of tax research," Journal of Accounting and Economics, Elsevier, vol. 50(2-3), pages 127-178, December.
  79. NAKIL SUNG & Michael Gort, 2006. "Mergers, Capital Gains, And Productivity: Evidence From U.S. Telecommunications Mergers," Contemporary Economic Policy, Western Economic Association International, vol. 24(3), pages 382-394, July.
  80. Richards, Timothy J. & Manfredo, Mark R., 2003. "Cooperative Mergers and Acquisitions: The Role of Capital Constraints," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(1), pages 1-17, April.
  81. Kräkel, Matthias & Müller, Daniel, 2015. "Merger efficiency and managerial incentives," International Journal of Industrial Organization, Elsevier, vol. 41(C), pages 51-63.
  82. Dickerson, Andrew P. & Gibson, Heather D. & Tsakalotos, Euclid, 2002. "Takeover risk and the market for corporate control: the experience of British firms in the 1970s and 1980s," International Journal of Industrial Organization, Elsevier, vol. 20(8), pages 1167-1195, October.
  83. Eckbo, B. Espen, 2009. "Bidding strategies and takeover premiums: A review," Journal of Corporate Finance, Elsevier, vol. 15(1), pages 149-178, February.
  84. Seongsu David Kim, 2023. "The valuation effects of hotel mergers," Tourism Economics, , vol. 29(2), pages 348-377, March.
  85. Owers, James E. & Lin, Bing-Xuan & Rogers, Ronald C., 2008. "Cross-border mergers and acquisitions using ADRs as consideration," International Review of Economics & Finance, Elsevier, vol. 17(2), pages 306-318.
  86. Sherry Hu & Kose John & Balbinder Singh Gill, 2022. "Stock price reaction to power outages following extreme weather events: Evidence from Texas power outage," Papers 2210.16905, arXiv.org.
  87. Wu, Joanna Shuang & Zang, Amy Y., 2009. "What determine financial analysts' career outcomes during mergers?," Journal of Accounting and Economics, Elsevier, vol. 47(1-2), pages 59-86, March.
  88. Ray Sugata & Warusawitharana Missaka, 2009. "An Efficiency Perspective on the Gains from Mergers and Asset Purchases," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 9(1), pages 1-27, October.
  89. Jeffrey M. Lacker & John A. Weinberg, 1990. "Takeovers and stock price volatility," Economic Review, Federal Reserve Bank of Richmond, vol. 76(Mar), pages 29-44.
  90. Yoshiaki Amano, 2022. "Do acquiring firms achieve their mergers and acquisitions objectives? Evidence from Japan," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(2), pages 2905-2945, June.
  91. Davis, E. Philip, 2002. "Institutional investors, corporate governance and the performance of the corporate sector," Economic Systems, Elsevier, vol. 26(3), pages 203-229, September.
  92. Netter, Jeffry & Poulsen, Annette & Stegemoller, Mike, 2009. "The rise of corporate governance in corporate control research," Journal of Corporate Finance, Elsevier, vol. 15(1), pages 1-9, February.
  93. Agrawal, Anup & Nasser, Tareque, 2012. "Insider trading in takeover targets," Journal of Corporate Finance, Elsevier, vol. 18(3), pages 598-625.
  94. Michael C. Jensen, 1987. "The free cash flow theory of takeovers: a financial perspective on mergers and acquisitions and the economy," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 31, pages 102-148.
  95. Malmendier, Ulrike & Opp, Marcus M. & Saidi, Farzad, 2016. "Target revaluation after failed takeover attempts: Cash versus stock," Journal of Financial Economics, Elsevier, vol. 119(1), pages 92-106.
  96. Pennings, J.M. & Barkema, H.G. & Douma, S.W., 1994. "Organizational learning and diversification," Other publications TiSEM 2cabb122-340f-4729-afb3-9, Tilburg University, School of Economics and Management.
  97. John, Kose & Knyazeva, Anzhela & Knyazeva, Diana, 2015. "Governance and Payout Precommitment," Journal of Corporate Finance, Elsevier, vol. 33(C), pages 101-117.
  98. Morgan, Angela G. & Poulsen, Annette B., 2001. "Linking pay to performance--compensation proposals in the S&P 500," Journal of Financial Economics, Elsevier, vol. 62(3), pages 489-523, December.
  99. Levon Goukasian & Emily J. Huang & Qingzhong Ma & Wei Zhang, 2019. "Are Acquirers Efficiently Priced? Evidence from Subsequent Earnings Announcements," Review of Economics & Finance, Better Advances Press, Canada, vol. 16, pages 15-30, May.
  100. Agrawal, Anup & Jaffe, Jeffrey F., 1995. "Does Section 16b deter insider trading by target managers?," Journal of Financial Economics, Elsevier, vol. 39(2-3), pages 295-319.
  101. Koke, Jens, 2004. "The market for corporate control in a bank-based economy: a governance device?," Journal of Corporate Finance, Elsevier, vol. 10(1), pages 53-80, January.
  102. Owhoso, Vincent & Gleason, Kimberly C. & Mathur, Ike & Malgwi, Charles, 2002. "Entering the last frontier: expansion by US multinationals to Africa," International Business Review, Elsevier, vol. 11(4), pages 407-430, August.
  103. Ouidad Yousfi, 2007. "Le rôle de la dette dans le LBO : une revue de la littérature," Working Papers hal-04139236, HAL.
  104. Flanagan, David J. & O'Shaughnessy, K. C., 2003. "Core-related acquisitions, multiple bidders and tender offer premiums," Journal of Business Research, Elsevier, vol. 56(8), pages 573-585, August.
  105. George P. Gao & Qingzhong Ma & David T. Ng & Ying Wu, 2022. "The Sound of Silence: What Do We Know When Insiders Do Not Trade?," Management Science, INFORMS, vol. 68(7), pages 4835-4857, July.
  106. Ari Warokka & Juan Jose Duran Herrera, 2011. "Does Corporate Control Transactions’ Type and Focus really Create Value? Evidence from an Emerging Market," Journal of Economics and Behavioral Studies, AMH International, vol. 3(3), pages 213-223.
  107. Jeong‐Bon Kim & Leye Li & Louise Yi Lu & Yangxin Yu, 2021. "Financial statement comparability and managers’ use of corporate resources," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(S1), pages 1697-1742, April.
  108. Danielson, Morris G. & Karpoff, Jonathan M., 2006. "Do pills poison operating performance?," Journal of Corporate Finance, Elsevier, vol. 12(3), pages 536-559, June.
  109. Julien Le Maux, 2003. "Les bénéfices privés:une rupture de l'égalité entre actionnaires," Revue Finance Contrôle Stratégie, revues.org, vol. 6(1), pages 63-92, March.
  110. Gilbert, Richard J & Newbery, David M, 1992. "Alternative Entry Paths: The Build or Buy Decision," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 1(1), pages 129-150, Spring.
  111. Marina Martynova & Luc Renneboog, 2011. "The Performance of the European Market for Corporate Control: Evidence from the Fifth Takeover Wave," European Financial Management, European Financial Management Association, vol. 17(2), pages 208-259, March.
  112. Utz Weitzel & Sjors Berns, 2006. "Cross-border takeovers, corruption, and related aspects of governance," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 37(6), pages 786-806, November.
  113. Bos, Martijn & Demirer, Riza & Gupta, Rangan & Tiwari, Aviral Kumar, 2018. "Oil returns and volatility: The role of mergers and acquisitions," Energy Economics, Elsevier, vol. 71(C), pages 62-69.
  114. Le Huubinh B. & Yimga Jules, 2019. "Market Power and Marginal Cost Effects in Competing Markets: Evidence from Airline Mergers," Review of Network Economics, De Gruyter, vol. 18(2), pages 63-108, June.
  115. Erel, Isil & Liao, Rose C. & Weisbach, Michael S., 2009. "World Markets for Mergers and Acquisitions," Working Paper Series 2009-11, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
  116. Pilny, Adam, 2014. "Mergers and Acquisitions in the German Hospital Market – Who are the Targets?," Ruhr Economic Papers 518, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
  117. Sankar De & Peter J. Knez, 1993. "Managerial Reaction to Takeover Bids: A Theory of Strategic Resistance," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 2(4), pages 567-592, December.
  118. Tatiana Didier & Sebastian Herrador & Magali Pinat, 2019. "Network Determinants of Cross-Border Merger and Acquisition Decisions," IMF Working Papers 2019/264, International Monetary Fund.
  119. Matvos, Gregor & Ostrovsky, Michael, 2008. "Cross-ownership, returns, and voting in mergers," Journal of Financial Economics, Elsevier, vol. 89(3), pages 391-403, September.
  120. Leonard A. Jackson, 2015. "Market Reaction to Bidder Announcements of Horizontal Mergers in an Oligopolistic Industry: Evidence from the US Airline Industry," Tourism Economics, , vol. 21(6), pages 1255-1271, December.
  121. Jiraporn, Pornsit & Kim, Young Sang & Davidson III, Wallace N., 2008. "Multiple directorships and corporate diversification," Journal of Empirical Finance, Elsevier, vol. 15(3), pages 418-435, June.
  122. Ferreira, Manuel Portugal & Santos, João Carvalho & de Almeida, Martinho Isnard Ribeiro & Reis, Nuno Rosa, 2014. "Mergers & acquisitions research: A bibliometric study of top strategy and international business journals, 1980–2010," Journal of Business Research, Elsevier, vol. 67(12), pages 2550-2558.
  123. Xinlei Zhao, 2009. "Technological Innovation and Acquisitions," Management Science, INFORMS, vol. 55(7), pages 1170-1183, July.
  124. Dirk Hackbarth & Bart Taub, 2022. "Does the Potential to Merge Reduce Competition?," Management Science, INFORMS, vol. 68(7), pages 5364-5383, July.
  125. Lei Gao & Gerhard Kling, 2008. "Equity Transfers and Market Reactions," Journal of Emerging Market Finance, Institute for Financial Management and Research, vol. 7(3), pages 293-308, December.
  126. Chemla, Gilles, 2004. "Takeovers and the dynamics of information flows," International Journal of Industrial Organization, Elsevier, vol. 22(4), pages 575-590, April.
  127. Sorin Daniliuc & Chris Bilson & Greg Shailer, 2014. "The Interaction of Post-Acquisition Integration and Acquisition Focus in Relation to Long-Run Performance," International Review of Finance, International Review of Finance Ltd., vol. 14(4), pages 587-612, December.
  128. Gine, Mireia & Moussawi, Rabih & Sedunov, John, 2017. "Governance mechanisms and effective activism: Evidence from shareholder proposals on poison pills," Journal of Empirical Finance, Elsevier, vol. 43(C), pages 185-202.
  129. Tapping, Aiden & Vos, Ed & D'Mello, James & Cheung, Joe, 1998. "New Zealand takeover notice provision selection and share price reaction," Journal of Multinational Financial Management, Elsevier, vol. 8(2-3), pages 317-332, September.
  130. Kobayashi, Ayami & Bremer, Marc, 2022. "Lessons from mergers and acquisitions of regional banks in Japan: What does the stock market think?," Journal of the Japanese and International Economies, Elsevier, vol. 64(C).
  131. Raymond Silva Da Rosa & H. Y. Izan & Adam Steinbeck & Terry Walter, 2000. "The Method of Payment Decision in Australian Takeovers: An Investigation of Causes and Effects," Australian Journal of Management, Australian School of Business, vol. 25(1), pages 67-94, June.
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