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Wealth Effects of Takeovers in Merger Activity Eras: Empirical Evidence from the UK
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Wealth Effects of Takeovers in Merger Activity Eras: Empirical Evidence from the UK (2001)Wealth Effects of Takeovers in Merger Act…TAKEOVER ACTIVITY, CEO TURNOVER, AND THE MARKET FOR CORPORATE CONTROL (1996)TAKEOVER ACTIVITY, CEO TURNOV…SHAREHOLDER WEALTH GAINS IN MERGERS: EFFECT OF SYNERGY AND OWNERSHIP STRUCTURE (1996)SHAREHOLDER WEALTH GAINS IN M…Managers of Financially Distressed Firms: Villains or Scapegoats? (1995)Managers of Financially Distr…Long-Term Market Overreaction or Biases in Computed Returns? (1993)Long-Term Market Overreaction…Factors influencing wealth creation from mergers and acquisitions: A meta‐analysis (1992)Factors influencing wealth cr…Corporate Mergers and Shareholder Wealth Effects: 1977-1986 (1991)Corporate Mergers and Shareho…Shareholder wealth effects of corporate takeovers (1989)Shareholder wealth effects of…The Market for Corporate Control: The Empirical Evidence Since 1980 (1988)The Market for Corporate Cont…Target abnormal returns associated with acquisition announcements: Payment, acquisition form, and managerial resistance (1987)Target abnormal returns assoc…Using daily stock returns (1985)Using daily stock returnsThe market for corporate control (1983)The market for corporate cont…Merger bids, uncertainty, and stockholder returns (1983)Merger bids, uncertainty, and…Biases in computed returns (1983)Biases in computed returnsTakeovers, Shareholder Returns, and the Theory of the Firm (1980)Takeovers, Shareholder Return…A Life Cycle Theory of the Firm (1972)A Life Cycle Theory of the Fi…Merger Movements in American Industry, 1895-1956 (1961)Merger Movements in American …Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Large Shareholders and Corporate Control (1986)Toeholds, Bid Jumps, and Expected Payoffs in Takeovers (2000)Ownership structure and firm value: new evidence from Spain (2004)Acquisitions, Overconfident Managers and Self‐attribution Bias (2007)Estimating betas from nonsynchronous data (1977)Risk measurement when shares are subject to infrequent trading (1979)The relationship between return and market value of common stocks (1981)A transaction data study of weekly and intradaily patterns in stock returns (1986)Trading Mechanisms and Stock Returns: An Empirical Investigation (1987)The Behavior of Stock Prices Around Institutional Trades (1995)Mergers and the Market for Corporate Control (1965)Risk, Return, and Equilibrium: Empirical Tests (1973)Foundations of Finance. (1977)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. 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(1985)Stock Market Prices Do Not Follow Random Walks: Evidence from a Simple Specification Test (1988)Efficient Capital Markets: II (1991)Chapter 13 Financial decision-making in markets and firms: A behavioral perspective (1995)EVENT STUDY METHODS AND EVIDENCE ON THEIR PERFORMANCE (1995)Underpricing and long-term performance of IPOs in China (2003)Asymmetric Information and the Medium of Exchange in Takeovers: Theory and Tests (1990)The Role of Asset Structure, Ownership Structure, and Takeover Defenses in Determining Acquisition Likelihood (1992)Agency costs of free cash flow, corporate finance, and takeovers (1996)Does M&A Pay? A Survey of Evidence for the Decision-Maker (2004)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)Management ownership and market valuation (1988)A Survey of Corporate Governance (1997)
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References

  • 1985Using daily stock returns6,497 cited
  • 1983The market for corporate control4,145 cited
  • 1988The Market for Corporate Control: The Empirical Evidence Since 19801,120 cited
  • 1983Merger bids, uncertainty, and stockholder returns922 cited
  • 1983Biases in computed returns771 cited
  • 1992Factors influencing wealth creation from mergers and acquisitions: A meta‐analysis532 cited
  • 1972A Life Cycle Theory of the Firm519 cited
  • 1993Long-Term Market Overreaction or Biases in Computed Returns?488 cited
  • 1987Target abnormal returns associated with acquisition announcements: Payment, acquisition form, and managerial resistance459 cited
  • 1989Shareholder wealth effects of corporate takeovers403 cited
  • 1980Takeovers, Shareholder Returns, and the Theory of the Firm327 cited
  • 1961Merger Movements in American Industry, 1895-1956256 cited
  • 1995Managers of Financially Distressed Firms: Villains or Scapegoats?214 cited
  • 1996SHAREHOLDER WEALTH GAINS IN MERGERS: EFFECT OF SYNERGY AND OWNERSHIP STRUCTURE163 cited
  • 1991Corporate Mergers and Shareholder Wealth Effects: 1977-1986158 cited

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1996
TAKEOVER ACTIVITY, CEO TURNOVER, AND THE MARKET FOR CORPORATE CONTROL
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