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Expected Market Reaction and the Choice of Method of Payment for Acquistions
16 references·4 citing·42 second hop
Expected Market Reaction and the Choice of Method of Payment for Acquistions (1999)Expected Market Reaction and the Choice o…The Method of Payment in Corporate Acquisitions, Investment Opportunities, and Management Ownership (1996)The Method of Payment in Corp…Competing Bids, Target Management Resistance, and the Structure of Takeover Bids (1993)Competing Bids, Target Manage…Tobin's Q and the Gains from Takeovers (1991)Tobin's Q and the Gains from …The Mode of Acquisition in Takeovers: Taxes and Asymmetric Information (1991)The Mode of Acquisition in Ta…Merger returns and the form of financing (1990)Merger returns and the form o…Corporate Control and the Choice of Investment Financing: The Case of Corporate Acquisitions (1990)Corporate Control and the Cho…Consistent Estimation of Cross-Sectional Models in Event Studies (1990)Consistent Estimation of Cros…Competition and the Medium of Exchange in Takeovers (1990)Competition and the Medium of…Asymmetric Information and the Medium of Exchange in Takeovers: Theory and Tests (1990)Asymmetric Information and th…Tax attributes as determinants of shareholder gains in corporate acquisitions (1989)Tax attributes as determinant…Preemptive Bidding and the Role of the Medium of Exchange in Acquisitions (1989)Preemptive Bidding and the Ro…Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns (1987)Corporate Takeover Bids, Meth…A Theory for the Choice of Exchange Medium in Mergers and Acquisitions (1987)A Theory for the Choice of Ex…Valuation effects of security offerings and the issuance process (1986)Valuation effects of security…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Limited-dependent and qualitative variables in econometrics (1983)Limited-dependent and qualita…Debt covenants and corporate acquisitions (2018)Debt covenants and corporate …The market valuation of M&A announcements in the United Kingdom (2015)The market valuation of M&A a…Investment Decisions and Managerial Discipline: Evidence from the Takeover Market (2005)Investment Decisions and Mana…Abnormal returns for cash vs share funded acquisitions (2004)Abnormal returns for cash vs …The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)The market for corporate control (1983)Takeovers of Privately Held Targets, Methods of Payment, and Bidder Returns (1998)The Choice of Payment Method in European Mergers and Acquisitions (2005)The Capital Structure Puzzle (1984)The New Issues Puzzle (1995)The Impact of Environmental Management on Firm Performance (1996)Event Studies in Economics and Finance (1997)Determinants of corporate borrowing (1977)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Executive stock ownership and performance tracking faint traces (1997)The price of corporate liquidity: Acquisition discounts for unlisted targets (2006)Are Overconfident CEOs Born or Made? Evidence of Self-Attribution Bias from Frequent Acquirers (2008)Sequential Equilibria (1982)Signaling Games and Stable Equilibria (1987)Toeholds, Bid Jumps, and Expected Payoffs in Takeovers (2000)Do firms have leverage targets? Evidence from acquisitions (2009)Do Stock Mergers Create Value for Acquirers? (2009)Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms (1988)Do Managerial Objectives Drive Bad Acquisitions? (1990)The Success of Acquisitions: Evidence from Divestitures (1992)Does Investor Misvaluation Drive the Takeover Market? (2006)Taking Stock of What We Know About Mergers and Acquisitions: A Review and Research Agenda (2009)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Do outside directors monitor managers? (1992)Meta‐analyses of post‐acquisition performance: indications of unidentified moderators (2003)Wealth Destruction on a Massive Scale? A Study of Acquiring‐Firm Returns in the Recent Merger Wave (2005)A Theory of Auctions and Competitive Bidding (1982)The postmerger share-price performance of acquiring firms (1991)Does operating performance really improve following corporate acquisitions? (2001)Macroeconomic conditions and capital structure adjustment speed (2009)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)DEBT AND TAXES* (1977)Wealth creation versus wealth redistributions in pure stock-for-stock mergers1We are grateful to Tom Arnold, Sanjai Bhagat, James Bicksler, David Blackwell, Ekkehart Boehmer, Ted Bos, Robert Brokaw, Bill Carleton, Bob Comment, Chris Cornwell, Mary Dehner, Bob Eisenbeis, Jimmy Hilliard, Randy Howard, Steve Jones, Ed Kane, Josef Lakonishok, Larry Lang, Bill Lewellen, Marc Lipson, Paul Malatesta, Jeff Netter, Cathy Niden, Volker Pollmann, Annette Poulsen, Jay Ritter, Richard Ruback, Louis Scott, Joe Sinkey, Bill Schwert (the editor), Ralph Walkling (the referee), Ron Warren, J. Fred Weston, Karen Wruck, and seminar participants at the University of Arizona, the University of Delaware, the University of Illinois, the University of Georgia, the University of Miami, Seattle University, the 1995 European Finance Association, the 1996 Financial Management Association, and the 1996 American Finance Association meetings for their helpful comments and recommendations. We also gratefully acknowledge the financial support provided for this project by the University of Georgia Research Foundation. Finally, Steve Henry, Rick McKinney, David Quillian, and Ryan Vaughn provided vital assistance with data collection and assisted with data input.1 (1998)Does corporate ownership structure affect its strategy towards diversification? (1999)Family Control and Financing Decisions (2011)Econometric Analysis of Cross Section and Panel Data (2001)Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages (2004)Introductory Econometrics for Finance (2008)A Survey of Corporate Governance (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)
this work references cited by second hop

References

  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1983Limited-dependent and qualitative variables in econometrics13,257 cited
  • 1987Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns1,408 cited
  • 1986Valuation effects of security offerings and the issuance process1,213 cited
  • 1991Tobin's Q and the Gains from Takeovers915 cited
  • 1987A Theory for the Choice of Exchange Medium in Mergers and Acquisitions741 cited
  • 1996The Method of Payment in Corporate Acquisitions, Investment Opportunities, and Management Ownership654 cited
  • 1989Preemptive Bidding and the Role of the Medium of Exchange in Acquisitions536 cited
  • 1990Asymmetric Information and the Medium of Exchange in Takeovers: Theory and Tests423 cited
  • 1990Corporate Control and the Choice of Investment Financing: The Case of Corporate Acquisitions255 cited
  • 1991The Mode of Acquisition in Takeovers: Taxes and Asymmetric Information219 cited
  • 1990Consistent Estimation of Cross-Sectional Models in Event Studies199 cited
  • 1990Competition and the Medium of Exchange in Takeovers195 cited
  • 1989Tax attributes as determinants of shareholder gains in corporate acquisitions194 cited

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1993
Competing Bids, Target Management Resistance, and the Structure of Takeover Bids
178 cited
  • 1990Merger returns and the form of financing163 cited
  • Cited by

    • 2004Abnormal returns for cash vs share funded acquisitions24 cited
    • 2015The market valuation of M&A announcements in the United Kingdom23 cited
    • 2005Investment Decisions and Managerial Discipline: Evidence from the Takeover Market21 cited
    • 2018Debt covenants and corporate acquisitions15 cited