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Large outside blockholders as monitors: Evidence from partial acquisitions
16 references·10 citing·32 second hop
Large outside blockholders as monitors: Evidence from partial acquisitions (2007)Large outside blockholders as monitors: E…Private Benefits of Control: An International Comparison (2004)Private Benefits of Control: …Institutional Investors and Executive Compensation (2003)Institutional Investors and E…The Non-Correlation Between Board Independence and Long-Term Firm Performance (2002)The Non-Correlation Between B…Are CEOs Rewarded for Luck? The Ones Without Principals Are (2001)Are CEOs Rewarded for Luck? T…Event-study methodology under conditions of event-induced variance (1991)Event-study methodology under…Additional evidence on equity ownership and corporate value (1990)Additional evidence on equity…Ownership structure and voting on antitakeover amendments (1988)Ownership structure and votin…Outside directors and CEO turnover (1988)Outside directors and CEO tur…Managerial control of voting rights (1988)Managerial control of voting …Management ownership and market valuation (1988)Management ownership and mark…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…What's different about banks? (1985)What's different about banks?Using daily stock returns (1985)Using daily stock returnsEstimating betas from nonsynchronous data (1977)Estimating betas from nonsync…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Acquisitions of non-controlling equity stakes: Agency conflicts and profitability (2020)Acquisitions of non-controlli…Corporate Governance and Ownership Structure in Sub-Saharan Africa Countries (2019)Corporate Governance and Owne…Do firms have target capital structures? Evidence from institutional monitoring (2018)Do firms have target capital …Stock liquidity and second blockholder as drivers of corporate value: Evidence from Latin America (2017)Stock liquidity and second bl…Substitutability and complementarity of corporate governance mechanisms in Latin America (2012)Substitutability and compleme…Effects of corporate equity ownership on firm value (2012)Effects of corporate equity o…Do alternative methods of reporting non-controlling interests really matter? (2012)Do alternative methods of rep…Adjustments in managerial ownership and changes in firm value (2012)Adjustments in managerial own…Does corporate board downsizing increase shareholder value? Evidence from Japan (2010)Does corporate board downsizi…Adverse selection and corporate governance (2010)Adverse selection and corpora…Agency Problems and the Theory of the Firm (1980)Separation of Ownership and Control (1983)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Higher market valuation of companies with a small board of directors (1996)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)An Intertemporal Capital Asset Pricing Model (1973)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)An Empirical Evaluation of Accounting Income Numbers (1968)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)Introductory Econometrics for Finance (2008)Mergers and the Market for Corporate Control (1965)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)A Survey of Corporate Governance (1997)Law and Finance (1998)Finance and Growth: Theory and Evidence (2004)The Economic Consequences of Legal Origins (2008)The law and economics of self-dealing (2008)Corporate Ownership Around the World (1999)The theory and practice of corporate finance: evidence from the field (2001)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 1988Management ownership and market valuation6,910 cited
  • 1985Using daily stock returns6,497 cited
  • 1990Additional evidence on equity ownership and corporate value4,311 cited
  • 1988Outside directors and CEO turnover4,251 cited
  • 1977Estimating betas from nonsynchronous data2,751 cited
  • 2004Private Benefits of Control: An International Comparison2,512 cited
  • 1988Managerial control of voting rights2,441 cited
  • 1985What's different about banks?2,347 cited
  • 2003Institutional Investors and Executive Compensation2,012 cited
  • 1991Event-study methodology under conditions of event-induced variance1,777 cited
  • 2001Are CEOs Rewarded for Luck? The Ones Without Principals Are1,740 cited
  • 1988Ownership structure and voting on antitakeover amendments1,600 cited
  • 2002The Non-Correlation Between Board Independence and Long-Term Firm Performance

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Cited by

  • 2010Does corporate board downsizing increase shareholder value? Evidence from Japan36 cited
  • 2012Substitutability and complementarity of corporate governance mechanisms in Latin America30 cited
  • 2012Do alternative methods of reporting non-controlling interests really matter?29 cited
  • 2017Stock liquidity and second blockholder as drivers of corporate value: Evidence from Latin America28 cited
  • 2010Adverse selection and corporate governance27 cited
  • 2020Acquisitions of non-controlling equity stakes: Agency conflicts and profitability25 cited
  • 2012Adjustments in managerial ownership and changes in firm value24 cited
  • 2012Effects of corporate equity ownership on firm value22 cited
  • 2019Corporate Governance and Ownership Structure in Sub-Saharan Africa Countries20 cited
  • 2018Do firms have target capital structures? Evidence from institutional monitoring20 cited