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Merger Strategies and Shareholder Value During Times of Relaxed Antitrust Enforcement: The Case of Large Mergers During the 1980s
16 references·15 citing·41 second hop
Merger Strategies and Shareholder Value During Times of Relaxed Antitrust Enforcement: The Case of Large Mergers During the 1980s (1997)Merger Strategies and Shareholder Value D…Construct validity of an objective (entropy) categorical measure of diversification strategy (1993)Construct validity of an obje…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…POWER IN TOP MANAGEMENT TEAMS: DIMENSIONS, MEASUREMENT, AND VALIDATION. (1992)POWER IN TOP MANAGEMENT TEAMS…Efficient Capital Markets: II (1991)Efficient Capital Markets: IIThe Market for Corporate Control: The Empirical Evidence Since 1980 (1988)The Market for Corporate Cont…Mergers, sell-offs, and economic efficiency (1988)Mergers, sell-offs, and econo…Mergers, sell-offs, and economic efficiency (1987)Mergers, sell-offs, and econo…The Hubris Hypothesis of Corporate Takeovers (1986)The Hubris Hypothesis of Corp…Corporate Acquisitions: A Process Perspective (1986)Corporate Acquisitions: A Pro…Using daily stock returns (1985)Using daily stock returnsThe market for corporate control (1983)The market for corporate cont…Mergers and the Performance of the Acquiring Firm (1983)Mergers and the Performance o…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…Measuring security price performance (1980)Measuring security price perf…Strategy, structure, and economic performance (1974)Strategy, structure, and econ…Risk and return: The case of merging firms (1974)Risk and return: The case of …Stakeholder Preservation or Appropriation? The Influence of Target CSR on Market Reactions to Acquisition Announcements (2019)Stakeholder Preservation or A…Gone With the Wind: A Meta-Analytic Review of Executive Turnover, Its Antecedents, and Postacquisition Performance (2016)Gone With the Wind: A Meta-An…Mergers, CEO Hubris, and Cost Stickiness (2015)Mergers, CEO Hubris, and Cost…Creating Value Through Mergers and Acquisitions: Challenges and Opportunities (2012)Creating Value Through Merger…Using rival effects to identify synergies and improve merger typologies (2011)Using rival effects to identi…Path-related empirical research on M&A-outcome: review and research agenda (2011)Path-related empirical resear…Measuring theoretically complex constructs: the case of acquisition performance (2010)Measuring theoretically compl…The Macro Determinants of M & A Timing in China (2009)The Macro Determinants of M &…Do synergies exist in related acquisitions? A meta-analysis of acquisition studies (2009)Do synergies exist in related…Incentive Asymmetries in the Mergers and Acquisitions Process* (2007)Incentive Asymmetries in the …Information technology outsourcing and organizational restructuring: An explanation of their effects on firm value (2005)Information technology outsou…Closing resource gaps: toward a resource‐based theory of advantageous mergers and acquisitions (2005)Closing resource gaps: toward…Core-related acquisitions, multiple bidders and tender offer premiums (2003)Core-related acquisitions, mu…A Review of Cross‐border Mergers and Acquisitions in APEC (2003)A Review of Cross‐border Merg…Ecological investigation of firm effects in horizontal mergers (2001)Ecological investigation of f…Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)A Survey of Corporate Governance (1997)CEO Overconfidence and Corporate Investment (2005)An Empirical Evaluation of Accounting Income Numbers (1968)The Adjustment of Stock Prices to New Information (1969)Risk, Return, and Equilibrium: Empirical Tests (1973)Event Studies in Economics and Finance (1997)Introductory Econometrics for Finance (2008)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Corporate financing and investment decisions when firms have information that investors do not have (1984)Common risk factors in the returns on stocks and bonds (1993)Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors (2000)Capital markets research in accounting (2001)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)ARCH modeling in finance (1992)Institutionalized Organizations: Formal Structure as Myth and Ceremony (1977)The Effect of National Culture on the Choice of Entry Mode (1988)Organizational Learning: The Contributing Processes and the Literatures (1991)Organizational culture and leadership (1993)Technological acquisitions and the innovation performance of acquiring firms: a longitudinal study (2001)External Control of Organizations: Resource Dependence Perspective (2011)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)How Experience and Network Ties Affect the Influence of Demographic Minorities on Corporate Boards (2000)8 Social Hierarchy: The Self‐Reinforcing Nature of Power and Status (2008)Characteristics of Innovation and Innovation Adoption in Public Organizations: Assessing the Role of Managers (2008)Strategic management a stakeholder approach (2010)Exchange and Power in Social Life (2017)Markets and Hierarchies: Analysis and Antitrust Implications. 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References

  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1985Using daily stock returns6,497 cited
  • 1991Efficient Capital Markets: II5,346 cited
  • 1983The market for corporate control4,145 cited
  • 1986The Hubris Hypothesis of Corporate Takeovers3,764 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 1980Measuring security price performance3,330 cited
  • 1992POWER IN TOP MANAGEMENT TEAMS: DIMENSIONS, MEASUREMENT, AND VALIDATION.2,389 cited
  • 1974Strategy, structure, and economic performance2,370 cited
  • 1986Corporate Acquisitions: A Process Perspective1,160 cited
  • 1988The Market for Corporate Control: The Empirical Evidence Since 19801,120 cited
  • 1974Risk and return: The case of merging firms869 cited
  • 1988Mergers, sell-offs, and economic efficiency648 cited
  • 1987Mergers, sell-offs, and economic efficiency606 cited
  • 1983Mergers and the Performance of the Acquiring Firm600 cited
  • 1993Construct validity of an objective (entropy) categorical measure of diversification strategy

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569 cited

Cited by

  • 2011Using rival effects to identify synergies and improve merger typologies125 cited
  • 2010Measuring theoretically complex constructs: the case of acquisition performance101 cited
  • 2007Incentive Asymmetries in the Mergers and Acquisitions Process*74 cited
  • 2003A Review of Cross‐border Mergers and Acquisitions in APEC73 cited
  • 2016Gone With the Wind: A Meta-Analytic Review of Executive Turnover, Its Antecedents, and Postacquisition Performance71 cited
  • 2019Stakeholder Preservation or Appropriation? The Influence of Target CSR on Market Reactions to Acquisition Announcements63 cited
  • 2009Do synergies exist in related acquisitions? A meta-analysis of acquisition studies61 cited
  • 2003Core-related acquisitions, multiple bidders and tender offer premiums56 cited
  • 2001Ecological investigation of firm effects in horizontal mergers53 cited
  • 2015Mergers, CEO Hubris, and Cost Stickiness47 cited
  • 2005Information technology outsourcing and organizational restructuring: An explanation of their effects on firm value43 cited
  • 2005Closing resource gaps: toward a resource‐based theory of advantageous mergers and acquisitions36 cited
  • 2012Creating Value Through Mergers and Acquisitions: Challenges and Opportunities21 cited
  • 2009The Macro Determinants of M & A Timing in China17 cited
  • 2011Path-related empirical research on M&A-outcome: review and research agenda15 cited