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Target abnormal returns associated with acquisition announcements: Payment, acquisition form, and managerial resistance
9 references·16 citing·41 second hop
Target abnormal returns associated with acquisition announcements: Payment, acquisition form, and managerial resistance (1987)Target abnormal returns associated with a…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Using daily stock returns (1985)Using daily stock returnsThe market for corporate control (1983)The market for corporate cont…Antitakeover charter amendments and stockholder wealth (1983)Antitakeover charter amendmen…Merger proposals, management discretion and stockholder wealth (1980)Merger proposals, management …Measuring security price performance (1980)Measuring security price perf…Risk measurement when shares are subject to infrequent trading (1979)Risk measurement when shares …Tender offers and stockholder returns (1977)Tender offers and stockholder…Motivated monitors: The importance of institutional investors׳ portfolio weights (2015)Motivated monitors: The impor…What Makes Better Boards? A Closer Look at Diversity and Ownership (2011)What Makes Better Boards? A C…Deviation from the target capital structure and acquisition choices (2011)Deviation from the target cap…Causes and consequences of goodwill impairment losses (2011)Causes and consequences of go…Why do private acquirers pay so little compared to public acquirers?☆ (2008)Why do private acquirers pay …Corporate Governance Transfer and Synergistic Gains from Mergers and Acquisitions (2008)Corporate Governance Transfer…Bidding strategies and takeover premiums: A review (2008)Bidding strategies and takeov…Separation of Ownership from Control and Acquiring Firm Performance: The Case of Family Ownership in Canada (2006)Separation of Ownership from …Shareholder Value Creation in European M&As (2004)Shareholder Value Creation in…Does M&A Pay? A Survey of Evidence for the Decision-Maker (2004)Does M&A Pay? A Survey of Evi…Operating Performance and the Method of Payment in Takeovers (2002)Operating Performance and the…Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada (2000)Gains to Bidder Firms Revisit…How Buyers Cope with Uncertainty when Acquiring Firms in Knowledge-Intensive Industries: Caveat Emptor (1999)How Buyers Cope with Uncertai…The Role of Asset Structure, Ownership Structure, and Takeover Defenses in Determining Acquisition Likelihood (1992)The Role of Asset Structure, …Corporate Control and the Choice of Investment Financing: The Case of Corporate Acquisitions (1990)Corporate Control and the Cho…Asymmetric Information and the Medium of Exchange in Takeovers: Theory and Tests (1990)Asymmetric Information and th…Mergers and the Market for Corporate Control (1965)The Adjustment of Stock Prices to New Information (1969)From Ambushes to Golden Parachutes: Corporate Takeovers as an Instance of Cultural Framing and Institutional Integration (1986)Merger strategies and stockholder value (1987)The Adjustment of Stock Prices to New Information (2003)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)An Empirical Evaluation of Accounting Income Numbers (1968)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)R2 around the world: New theory and new tests☆ (2005)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)Efficient Capital Markets: II (1991)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Problems and the Theory of the Firm (1980)A Comparison of Event Study Methodologies Using Daily Stock Returns: A Simulation Approach (1984)Shark repellents and stock prices (1987)Poison pill securities (1988)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)ARCH modeling in finance (1992)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)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)Separation of Ownership and Control (1983)Management ownership and market valuation (1988)Agency Theory: An Assessment and Review (1989)Event Studies in Economics and Finance (1997)Introductory Econometrics for Finance (2008)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
this work references cited by second hop

References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1985Using daily stock returns6,497 cited
  • 1983The market for corporate control4,145 cited
  • 1980Measuring security price performance3,330 cited
  • 1979Risk measurement when shares are subject to infrequent trading2,767 cited
  • 1980Merger proposals, management discretion and stockholder wealth638 cited
  • 1977Tender offers and stockholder returns482 cited
  • 1983Antitakeover charter amendments and stockholder wealth475 cited

Cited by

  • 1990Asymmetric Information and the Medium of Exchange in Takeovers: Theory and Tests423 cited
  • 2004Does M&A Pay? A Survey of Evidence for the Decision-Maker415 cited
  • 1992The Role of Asset Structure, Ownership Structure, and Takeover Defenses in Determining Acquisition Likelihood392 cited
  • 2015Motivated monitors: The importance of institutional investors׳ portfolio weights379 cited
  • 2008Why do private acquirers pay so little compared to public acquirers?☆372 cited
  • 2000Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

359 cited
  • 1999How Buyers Cope with Uncertainty when Acquiring Firms in Knowledge-Intensive Industries: Caveat Emptor356 cited
  • 2011Causes and consequences of goodwill impairment losses354 cited
  • 2008Corporate Governance Transfer and Synergistic Gains from Mergers and Acquisitions319 cited
  • 2002Operating Performance and the Method of Payment in Takeovers316 cited
  • 2008Bidding strategies and takeover premiums: A review306 cited
  • 1990Corporate Control and the Choice of Investment Financing: The Case of Corporate Acquisitions303 cited
  • 2004Shareholder Value Creation in European M&As289 cited
  • 2011Deviation from the target capital structure and acquisition choices287 cited
  • 2006Separation of Ownership from Control and Acquiring Firm Performance: The Case of Family Ownership in Canada278 cited
  • 2011What Makes Better Boards? A Closer Look at Diversity and Ownership265 cited