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Shareholder wealth effects of corporate takeovers
16 references·16 citing·29 second hopsampled
Shareholder wealth effects of corporate takeovers (1989)Shareholder wealth effects of corporate t…The Market for Corporate Control: The Empirical Evidence Since 1980 (1988)The Market for Corporate Cont…Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms (1988)Synergistic gains from corpor…Mergers, sell-offs, and economic efficiency (1988)Mergers, sell-offs, and econo…The Hubris Hypothesis of Corporate Takeovers (1986)The Hubris Hypothesis of Corp…Large Shareholders and Corporate Control (1986)Large Shareholders and Corpor…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Using daily stock returns (1985)Using daily stock returnsThe market for corporate control (1983)The market for corporate cont…The gains to bidding firms from merger (1983)The gains to bidding firms fr…Merger bids, uncertainty, and stockholder returns (1983)Merger bids, uncertainty, and…The Choice Between Equity and Debt: An Empirical Study (1982)The Choice Between Equity and…Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Takeover Bids, The Free-Rider…Measuring security price performance (1980)Measuring security price perf…Risk measurement when shares are subject to infrequent trading (1979)Risk measurement when shares …Risk and return: The case of merging firms (1974)Risk and return: The case of …Mergers and the Market for Corporate Control (1965)Mergers and the Market for Co…Failure and Success in Mergers and Acquisitions (2019)Failure and Success in Merger…Ownership: Evolution and Regulation (2008)Ownership: Evolution and Regu…The impact of acquisitions on firm performance: A review of the evidence (2007)The impact of acquisitions on…Acquisitions, Overconfident Managers and Self‐attribution Bias (2007)Acquisitions, Overconfident M…The post-merger performance puzzle (2004)The post-merger performance p…Ownership structure and firm value: new evidence from Spain (2004)Ownership structure and firm …Does operating performance increase post-takeover for UK takeovers? A comparison of performance measures and benchmarks (2003)Does operating performance in…Corporate Governance: Effects on Firm Performance and Economic Growth (2002)Corporate Governance: Effects…Toeholds, Bid Jumps, and Expected Payoffs in Takeovers (2000)Toeholds, Bid Jumps, and Expe…Toeholds and Takeovers (1999)Toeholds and TakeoversModelling Takeover Likelihood (1997)Modelling Takeover LikelihoodInitial Shareholdings and Overbidding in Takeover Contests (1995)Initial Shareholdings and Ove…Alternative disciplinary mechanisms in different corporate systems (1995)Alternative disciplinary mech…The Role of Acquisitions in Foreign Direct Investment: Evidence from the U.S. Stock Market (1991)The Role of Acquisitions in F…Share Tendering Strategies and the Success of Hostile Takeover Bids (1990)Share Tendering Strategies an…Mergers, takeovers, and economic efficiency (1989)Mergers, takeovers, and econo…The Determination of Financial Structure: The Incentive-Signalling Approach (1977)A Survey of Corporate Governance (1997)Corporate Ownership Around the World (1999)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)An Empirical Evaluation of Accounting Income Numbers (1968)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)R2 around the world: New theory and new tests☆ (2005)Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)Efficient Capital Markets: II (1991)CEO Overconfidence and Corporate Investment (2005)The Adjustment of Stock Prices to New Information (1969)Event Studies in Economics and Finance (1997)Introductory Econometrics for Finance (2008)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)ARCH modeling in finance (1992)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)Management ownership and market valuation (1988)Agency Theory: An Assessment and Review (1989)Firms, Contracts, and Financial Structure (1995)Firm size and the gains from acquisitions (2004)A review of tax research (2010)Law and Finance (1998)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
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References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 1985Using daily stock returns6,497 cited
  • 1983The market for corporate control4,145 cited
  • 1986The Hubris Hypothesis of Corporate Takeovers3,764 cited
  • 1980Measuring security price performance3,330 cited
  • 1980Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation3,093 cited
  • 1979Risk measurement when shares are subject to infrequent trading2,767 cited
  • 1965Mergers and the Market for Corporate Control2,364 cited
  • 1988Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms1,702 cited
  • 1988The Market for Corporate Control: The Empirical Evidence Since 19801,120 cited
  • 1982The Choice Between Equity and Debt: An Empirical Study1,103 cited
  • 1983The gains to bidding firms from merger983 cited
  • 1983Merger bids, uncertainty, and stockholder returns922 cited
  • 1974Risk and return: The case of merging firms869 cited
  • 1988Mergers, sell-offs, and economic efficiency

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648 cited

Cited by

  • 2000Toeholds, Bid Jumps, and Expected Payoffs in Takeovers394 cited
  • 2004Ownership structure and firm value: new evidence from Spain391 cited
  • 2007Acquisitions, Overconfident Managers and Self‐attribution Bias389 cited
  • 1999Toeholds and Takeovers388 cited
  • 1991The Role of Acquisitions in Foreign Direct Investment: Evidence from the U.S. Stock Market380 cited
  • 2002Corporate Governance: Effects on Firm Performance and Economic Growth374 cited
  • 2004The post-merger performance puzzle364 cited
  • 2019Failure and Success in Mergers and Acquisitions346 cited
  • 2008Ownership: Evolution and Regulation276 cited
  • 1990Share Tendering Strategies and the Success of Hostile Takeover Bids263 cited
  • 2007The impact of acquisitions on firm performance: A review of the evidence262 cited
  • 1995Initial Shareholdings and Overbidding in Takeover Contests262 cited
  • 2003Does operating performance increase post-takeover for UK takeovers? A comparison of performance measures and benchmarks248 cited
  • 1997Modelling Takeover Likelihood247 cited
  • 1989Mergers, takeovers, and economic efficiency234 cited
  • 1995Alternative disciplinary mechanisms in different corporate systems221 cited