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Corporate takeovers, method of payment, and bidding firms' shareholder returns: Australian evidence
16 references·8 citing·39 second hop
Corporate takeovers, method of payment, and bidding firms' shareholder returns: Australian evidence (1992)Corporate takeovers, method of payment, a…The Mode of Acquisition in Takeovers: Taxes and Asymmetric Information (1991)The Mode of Acquisition in Ta…Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns (1987)Corporate Takeover Bids, Meth…Corporate mergers and security returns (1986)Corporate mergers and securit…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Corporate Financing and Inves…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 market for corporate control (1983)The market for corporate cont…Merger bids, uncertainty, and stockholder returns (1983)Merger bids, uncertainty, and…Horizontal mergers, collusion, and stockholder wealth (1983)Horizontal mergers, collusion…An Empirical Test of the Redistribution Effect in Pure Exchange Mergers (1983)An Empirical Test of the Redi…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…The option pricing model and the risk factor of stock (1976)The option pricing model and …Tender Offers, Transactions Costs and the Theory of the Firm (1976)Tender Offers, Transactions C…What drives the allocation of the purchase price to goodwill? (2015)What drives the allocation of…Corporate acquisition process: Is there an optimal cash-equity payment mix? (2011)Corporate acquisition process…Board governance and acquirers’ returns: A study of Australian acquisitions (2011)Board governance and acquirer…Capital gains taxation and shareholder wealth in takeovers (2009)Capital gains taxation and sh…Toeholds and the Bidder Shareholder Wealth Effects of Takeover Announcements (2007)Toeholds and the Bidder Share…Takeovers, Ownership, and Shareholder Wealth — The Australian Evidence (2005)Takeovers, Ownership, and Sha…Australian evidence on the determinants and impact of takeover resistance (2005)Australian evidence on the de…Australian Mergers and Acquisitions Since the 1980s: What Do We Know and What Remains to Be Done? (2004)Australian Mergers and Acquis…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)Efficient Capital Markets: II (1991)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Pricing of Options and Corporate Liabilities (1973)The valuation of compound options (1979)Ownership Structure, Deregulation, and Bank Risk Taking (1990)Strong boards, CEO power and bank risk-taking (2009)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)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)The Capital Structure Puzzle (1984)The Determinants of Capital Structure Choice (1988)Event Studies in Economics and Finance (1997)A Theory of Oligopoly (1964)Estimating betas from nonsynchronous data (1977)Sources of gains in horizontal mergers: evidence from customer, supplier, and rival firms (2004)Vertical Integration and Firm Boundaries: The Evidence (2007)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Separation of Ownership and Control (1983)Management ownership and market valuation (1988)Agency Theory: An Assessment and Review (1989)A Survey of Corporate Governance (1997)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)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)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)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
this work references cited by second hop

References

  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
  • 1983The market for corporate control4,145 cited
  • 1987Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns1,408 cited
  • 1976The option pricing model and the risk factor of stock1,239 cited
  • 1983Horizontal mergers, collusion, and stockholder wealth945 cited
  • 1983Merger bids, uncertainty, and stockholder returns922 cited
  • 1980Merger proposals, management discretion and stockholder wealth638 cited
  • 1983The rationale behind interfirm tender offers618 cited
  • 1977Tender offers and stockholder returns482 cited
  • 1980Interfirm Tender Offers and the Market for Corporate Control427 cited
  • 1986Corporate mergers and security returns353 cited
  • 1991The Mode of Acquisition in Takeovers: Taxes and Asymmetric Information219 cited
  • 1983An Empirical Test of the Redistribution Effect in Pure Exchange Mergers140 cited

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  • 1976Tender Offers, Transactions Costs and the Theory of the Firm57 cited
  • Cited by

    • 2015What drives the allocation of the purchase price to goodwill?30 cited
    • 2004Australian Mergers and Acquisitions Since the 1980s: What Do We Know and What Remains to Be Done?23 cited
    • 2011Board governance and acquirers’ returns: A study of Australian acquisitions18 cited
    • 2005Takeovers, Ownership, and Shareholder Wealth — The Australian Evidence17 cited
    • 2011Corporate acquisition process: Is there an optimal cash-equity payment mix?17 cited
    • 2009Capital gains taxation and shareholder wealth in takeovers16 cited
    • 2007Toeholds and the Bidder Shareholder Wealth Effects of Takeover Announcements15 cited
    • 2005Australian evidence on the determinants and impact of takeover resistance15 cited