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The Role of Medium of Exchange in Merger Offers: Examination of Terminated Merger Proposals
16 references·4 citing·39 second hop
The Role of Medium of Exchange in Merger Offers: Examination of Terminated Merger Proposals (1994)The Role of Medium of Exchange in Merger …Asymmetric Information and the Medium of Exchange in Takeovers: Theory and Tests (1990)Asymmetric Information and th…Preemptive Bidding and the Role of the Medium of Exchange in Acquisitions (1989)Preemptive Bidding and the Ro…Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms (1988)Synergistic gains from corpor…Target abnormal returns associated with acquisition announcements: Payment, acquisition form, and managerial resistance (1987)Target abnormal returns assoc…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…Equity issues and offering dilution (1986)Equity issues and offering di…Going Private: Minority Freezeouts and Stockholder Wealth (1984)Going Private: Minority Freez…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…The rationale behind interfirm tender offers (1983)The rationale behind interfir…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…Merger proposals, management discretion and stockholder wealth (1980)Merger proposals, management …Interfirm Tender Offers and the Market for Corporate Control (1980)Interfirm Tender Offers and t…Tender offers and stockholder returns (1977)Tender offers and stockholder…What determines takeover premia: An empirical analysis (2014)What determines takeover prem…Why do Mergers and Acquisitions quite often Fail (2012)Why do Mergers and Acquisitio…Merger and Acquisition: Definitions, Motives, and Market Responses (2012)Merger and Acquisition: Defin…Cash is King: Revaluation of Targets after Merger Bids (2012)Cash is King: Revaluation of …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)The Method of Payment in Corporate Acquisitions, Investment Opportunities, and Management Ownership (1996)Takeovers of Privately Held Targets, Methods of Payment, and Bidder Returns (1998)The Choice of Payment Method in European Mergers and Acquisitions (2005)CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Efficient Capital Markets: II (1991)The New Issues Puzzle (1995)Event Studies in Economics and Finance (1997)Mergers and the Market for Corporate Control (1965)Risk and return: The case of merging firms (1974)Foundations of Finance. (1977)Day of the Week Effects and Asset Returns (1981)Horizontal mergers, collusion, and stockholder wealth (1983)Risk, Return, and Equilibrium: Empirical Tests (1973)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Asset Growth and the Cross‐Section of Stock Returns (2008)The Capital Structure Puzzle (1984)The Impact of Environmental Management on Firm Performance (1996)Large Shareholders and Corporate Control (1986)The Hubris Hypothesis of Corporate Takeovers (1986)Firms, Contracts, and Financial Structure (1995)Firm size and the gains from acquisitions (2004)A review of tax research (2010)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)Determinants of corporate borrowing (1977)A Survey of Corporate Governance (1997)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)MERGERS AND MARKET POWER -- EVIDENCE FROM THE AIRLINE INDUSTRY. (1993)Another Look at the Cross-Section of Expected Stock Returns (1995)Relational Embeddedness and Learning: The Case of Bank Loan Managers and Their Clients (2003)The Market for Corporate Control: The Scientific Evidence (2002)Taking Stock of What We Know About Mergers and Acquisitions: A Review and Research Agenda (2009)The costs of intense board monitoring (2011)
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References

  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1988Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms1,702 cited
  • 1987Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns1,408 cited
  • 1986Equity issues and offering dilution1,397 cited
  • 1986Valuation effects of security offerings and the issuance process1,213 cited
  • 1983The gains to bidding firms from merger983 cited
  • 1983Merger bids, uncertainty, and stockholder returns922 cited
  • 1987A Theory for the Choice of Exchange Medium in Mergers and Acquisitions741 cited
  • 1980Merger proposals, management discretion and stockholder wealth638 cited
  • 1983The rationale behind interfirm tender offers618 cited
  • 1989Preemptive Bidding and the Role of the Medium of Exchange in Acquisitions536 cited
  • 1977Tender offers and stockholder returns482 cited
  • 1987Target abnormal returns associated with acquisition announcements: Payment, acquisition form, and managerial resistance459 cited
  • 1980Interfirm Tender Offers and the Market for Corporate Control427 cited
  • 1984Going Private: Minority Freezeouts and Stockholder Wealth

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423 cited
  • 1990Asymmetric Information and the Medium of Exchange in Takeovers: Theory and Tests423 cited
  • Cited by

    • 2012Why do Mergers and Acquisitions quite often Fail28 cited
    • 2014What determines takeover premia: An empirical analysis23 cited
    • 2012Cash is King: Revaluation of Targets after Merger Bids20 cited
    • 2012Merger and Acquisition: Definitions, Motives, and Market Responses19 cited