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The long-run performance of hostile takeovers: U.K. evidence
12 references·5 citing·41 second hop
The long-run performance of hostile takeovers: U.K. evidence (2001)The long-run performance of hostile takeo…Are cash acquisitions associated with better postcombination operating performance than stock acquisitions? (2001)Are cash acquisitions associa…Managerial Decisions and Long‐Term Stock Price Performance (2000)Managerial Decisions and Long…Hostility in Takeovers: In the Eyes of the Beholder? (2000)Hostility in Takeovers: In th…Forecasting Profitability and Earnings (2000)Forecasting Profitability and…Improved Methods for Tests of Long‐Run Abnormal Stock Returns (1999)Improved Methods for Tests of…Glamour, value and the post-acquisition performance of acquiring firms (1998)Glamour, value and the post-a…Measuring long-horizon security price performance (1997)Measuring long-horizon securi…Detecting abnormal operating performance: The empirical power and specification of test statistics (1996)Detecting abnormal operating …Do Managerial Objectives Drive Bad Acquisitions? (1990)Do Managerial Objectives Driv…Managerial performance, Tobin's Q, and the gains from successful tender offers (1989)Managerial performance, Tobin…The Hubris Hypothesis of Corporate Takeovers (1986)The Hubris Hypothesis of Corp…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Effects of Mergers and Acquisitions on Shareholder Wealth: Event Study for Latin American Airlines (2015)Effects of Mergers and Acquis…Implicit Contracts, Takeovers and Corporate Governance : In the Shadow of the City Code (2014)Implicit Contracts, Takeovers…Competition and dynamics of takeover contests (2014)Competition and dynamics of t…Shareholder Primacy and the Trajectory of UK Corporate Governance (2011)Shareholder Primacy and the T…Takeover prediction and portfolio strategies: A multinomial approach (2004)Takeover prediction and portf…The market for corporate control (1983)Management ownership and market valuation (1988)Does Investor Misvaluation Drive the Takeover Market? (2006)Taking Stock of What We Know About Mergers and Acquisitions: A Review and Research Agenda (2009)Corporate social responsibility and stakeholder value maximization: Evidence from mergers (2013)Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)Efficient Capital Markets: II (1991)A Survey of Corporate Governance (1997)CEO Overconfidence and Corporate Investment (2005)Using daily stock returns (1985)The effects of management buyouts on operating performance and value (1989)Size and Book-to-Market Factors in Earnings and Returns (1995)An Examination of Long‐Term Abnormal Stock Returns and Operating Performance Following R&D Increases (2004)Dumb money: Mutual fund flows and the cross-section of stock returns (2008)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Do Investors Trade Too Much? (1999)The Economic Costs of Conflict: A Case Study of the Basque Country (2003)Risk Reduction as a Managerial Motive for Conglomerate Mergers (1981)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)Efficient Capital Markets: A Review of Theory and Empirical Work (1970)The Equity Share in New Issues and Aggregate Stock Returns (2000)Chapter 18 A survey of behavioral finance (2003)Market liquidity as a sentiment indicator (2004)Dividend Policy, Growth, and the Valuation of Shares (1961)Risk, Return, and Equilibrium: Empirical Tests (1973)The conservatism principle and the asymmetric timeliness of earnings1 (1997)Ratio Analysis and Equity Valuation: From Research to Practice (2001)The Stock Market and Corporate Investment: A Test of Catering Theory (2008)Manager sentiment and stock returns (2018)Uniformly least powerful tests of market efficiency (2000)Short-sellers, fundamental analysis, and stock returns (2001)Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance. (2007)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)Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Capital markets research in accounting (2001)Investor Psychology and Asset Pricing (2001)
this work references cited by second hop

References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1986The Hubris Hypothesis of Corporate Takeovers3,764 cited
  • 1990Do Managerial Objectives Drive Bad Acquisitions?1,912 cited
  • 1999Improved Methods for Tests of Long‐Run Abnormal Stock Returns1,826 cited
  • 1996Detecting abnormal operating performance: The empirical power and specification of test statistics1,609 cited
  • 2000Managerial Decisions and Long‐Term Stock Price Performance1,573 cited
  • 1998Glamour, value and the post-acquisition performance of acquiring firms1,067 cited
  • 1997Measuring long-horizon security price performance991 cited
  • 1989Managerial performance, Tobin's Q, and the gains from successful tender offers964 cited
  • 2000Forecasting Profitability and Earnings857 cited
  • 2000Hostility in Takeovers: In the Eyes of the Beholder?851 cited
  • 2001Are cash acquisitions associated with better postcombination operating performance than stock acquisitions?229 cited

Cited by

  • 2004Takeover prediction and portfolio strategies: A multinomial approach36 cited
  • 2011Shareholder Primacy and the Trajectory of UK Corporate Governance33 cited
  • 2014

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Competition and dynamics of takeover contests
31 cited
  • 2014Implicit Contracts, Takeovers and Corporate Governance : In the Shadow of the City Code30 cited
  • 2015Effects of Mergers and Acquisitions on Shareholder Wealth: Event Study for Latin American Airlines18 cited