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A Test of the Free Cash Flow Hypothesis: The Case of Bidder Returns
1 references·16 citing·52 second hopsampled
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References

  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited

Cited by

  • 2006The effect of alliance experience and intellectual capital on the value creation of international strategic alliances230 cited
  • 2000Incentives for Banking Megamergers: What Motives Might Regulators Infer from Event-Study Evidence?215 cited
  • 2005Corporate Governance and Acquirer Returns196 cited
  • 2009The Performance of the European Market for Corporate Control: Evidence from the Fifth Takeover Wave193 cited
  • 2015Ready, AIM, Acquire: Impression Offsetting and Acquisitions186 cited
  • 2003Do shareholders of acquiring firms gain from acquisitions?155 cited
  • 2006Mergers and Acquisitions in Europe147 cited
  • 2013Product Market Competition, Corporate Governance, and Firm Value: Evidence from the EU Area146 cited
  • 2015The Global Financial Crisis, Family Control, and Dividend Policy145 cited
  • 2010The Impacts of Free Cash Flows and Agency Costs on Firm Performance141 cited
  • 2003Shareholder Wealth Effects of European Domestic and Cross-Border Takeover Bids125 cited
  • 2011When It Pays to Pay Your Investment Banker: New Evidence on the Role of Financial Advisors in M&As113 cited
  • 2015Corporate Social Responsibility and Investment Efficiency

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111 cited
  • 2001Shareholder Wealth Effects of Dividend Policy Changes in an Emerging Stock Market: The Case of Cyprus103 cited
  • 2008Protective governance choices and the value of acquisition activity101 cited
  • 2010Does ownership matter in mergers? A comparative study of the causes and consequences of mergers by family and non-family firms99 cited