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The Power of Takeover Defenses
16 references·2 citing·43 second hop
The Power of Takeover Defenses (2007)The Power of Takeover DefensesThe costs of entrenched boards (2005)The costs of entrenched boardsThe Case for Increasing Shareholder Power (2005)The Case for Increasing Share…Do CEOs in Mergers Trade Power for Premium? Evidence from "Mergers of Equals" (2004)Do CEOs in Mergers Trade Powe…What's In It for Me? CEOs Whose Firms Are Acquired (2003)What's In It for Me? CEOs Who…Firms’ Decisions Where to Incorporate (2003)Firms’ Decisions Where to Inc…The Powerful Antitakeover Force of Staggered Boards: Theory, Evidence and Policy (2002)The Powerful Antitakeover For…Takeover Defenses in the Shadow of the Pill: A Critique of the Scientific Evidence (2001)Takeover Defenses in the Shad…Does Delaware law improve firm value? (2001)Does Delaware law improve fir…Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…Higher market valuation of companies with a small board of directors (1996)Higher market valuation of co…Outside directors and the adoption of poison pills (1994)Outside directors and the ado…Managerial discretion and optimal financing policies (1990)Managerial discretion and opt…The effect of poison pill securities on shareholder wealth (1988)The effect of poison pill sec…The Effects of Antitakeover Amendments on Takeover Activity: Some Direct Evidence (1987)The Effects of Antitakeover A…The rationale behind interfirm tender offers (1983)The rationale behind interfir…The market for corporate control (1983)The market for corporate cont…The effects of anticipated future investments on firm value: evidence from mergers and acquisitions (2016)The effects of anticipated fu…Firm Locations and Takeover Likelihood (2009)Firm Locations and Takeover L…Merger proposals, management discretion and stockholder wealth (1980)Merger bids, uncertainty, and stockholder returns (1983)MERGERS AND MARKET POWER -- EVIDENCE FROM THE AIRLINE INDUSTRY. (1993)Another Look at the Cross-Section of Expected Stock Returns (1995)Relational Embeddedness and Learning: The Case of Bank Loan Managers and Their Clients (2003)Agency Problems and the Theory of the Firm (1980)Separation of Ownership and Control (1983)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Corporate Governance, Board Diversity, and Firm Value (2003)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Board Composition: Balancing Family Influence in S&P 500 Firms (2004)Determinants of corporate borrowing (1977)Management ownership and market valuation (1988)Audit committee, board of director characteristics, and earnings management (2002)Corporate Governance and Equity Prices (2003)Using daily stock returns (1985)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Politically Connected Firms (2006)Introductory Econometrics for Finance (2008)Managerial control of voting rights (1988)New Evidence and Perspectives on Mergers (2001)Do Stock Mergers Create Value for Acquirers? (2009)Do takeover laws matter? Evidence from five decades of hostile takeovers (2017)State-owned enterprises in China: A review of 40 years of research and practice (2020)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Firms, Contracts, and Financial Structure (1995)A Survey of Corporate Governance (1997)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Theory: An Assessment and Review (1989)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility (2011)Do women directors improve firm performance in China? (2013)Political Ideologies of CEOs (2013)Corporate Governance Reforms in Continental Europe (2007)Investor activism and takeovers☆ (2009)The Rise of the Platform Business Model and the Transformation of Twenty-First-Century Capitalism (2019)Empirical evidence on corporate governance in Europe: The effect on stock returns, firm value and performance (2004)The Value of Investor Protection: Firm Evidence from Cross-Border Mergers (2008)Founder-CEOs, Investment Decisions, and Stock Market Performance (2009)
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References

  • 1996Higher market valuation of companies with a small board of directors6,614 cited
  • 1983The market for corporate control4,145 cited
  • 1990Managerial discretion and optimal financing policies3,679 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 1994Outside directors and the adoption of poison pills1,162 cited
  • 2005The costs of entrenched boards985 cited
  • 1983The rationale behind interfirm tender offers618 cited
  • 2005The Case for Increasing Shareholder Power577 cited
  • 2001Does Delaware law improve firm value?556 cited
  • 2003What's In It for Me? CEOs Whose Firms Are Acquired421 cited
  • 1988The effect of poison pill securities on shareholder wealth364 cited
  • 2003Firms’ Decisions Where to Incorporate292 cited
  • 2002The Powerful Antitakeover Force of Staggered Boards: Theory, Evidence and Policy275 cited
  • 2004Do CEOs in Mergers Trade Power for Premium? Evidence from "Mergers of Equals"171 cited
  • 1987The Effects of Antitakeover Amendments on Takeover Activity: Some Direct Evidence133 cited
  • 2001

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Takeover Defenses in the Shadow of the Pill: A Critique of the Scientific Evidence
124 cited

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  • 2016The effects of anticipated future investments on firm value: evidence from mergers and acquisitions12 cited
  • 2009Firm Locations and Takeover Likelihood12 cited