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The effect of change-in-control covenants on takeovers: Evidence from leveraged buyouts
16 references·9 citing·47 second hop
The effect of change-in-control covenants on takeovers: Evidence from leveraged buyouts (2009)The effect of change-in-control covenants…Do Buyouts (Still) Create Value? (2011)Do Buyouts (Still) Create Val…Why do private acquirers pay so little compared to public acquirers?☆ (2008)Why do private acquirers pay …How Are Firms Sold? (2007)How Are Firms Sold?Growth Opportunities and the Choice of Leverage, Debt Maturity, and Covenants (2007)Growth Opportunities and the …Corporate Governance and Equity Prices (2003)Corporate Governance and Equi…Hostility in Takeovers: In the Eyes of the Beholder? (2000)Hostility in Takeovers: In th…Eclipse of the Public Corporation (1999)Eclipse of the Public Corpora…The Evolution of Buyout Pricing and Financial Structure in the 1980s (1993)The Evolution of Buyout Prici…The Determinants of Leveraged Buyout Activity: Free Cash Flow vs. Financial Distress Costs (1993)The Determinants of Leveraged…The effects of management buyouts on operating performance and value (1989)The effects of management buy…Management Buyouts: Evidence on Taxes as a Source of Value (1989)Management Buyouts: Evidence …Free Cash Flow and Stockholder Gains in Going Private Transactions (1989)Free Cash Flow and Stockholde…Corporate Takeovers: Causes and Consequences (1989)Corporate Takeovers: Causes a…Corporate takeovers: causes and consequences (1989)Corporate takeovers: causes a…Predicting takeover targets (1986)Predicting takeover targetsOn financial contracting (1979)On financial contractingCaught in the crossfire: How the threat of hedge fund activism affects creditors (2021)Caught in the crossfire: How …Lender Monitoring and the Efficacy of Managerial Risk-Taking Incentives (2020)Lender Monitoring and the Eff…Leveraged buyouts and bond credit spreads (2019)Leveraged buyouts and bond cr…An Introduction to Mergers, Acquisitions, and Other Restructuring Activities (2019)An Introduction to Mergers, A…Institutional investment horizon, the information environment, and firm credit risk (2017)Institutional investment hori…The bond event study methodology since 1974 (2016)The bond event study methodol…Do joint ventures and strategic alliances create value for bondholders? (2015)Do joint ventures and strateg…Momentum in Corporate Bond Returns (2010)Momentum in Corporate Bond Re…Going private transactions, bondholder returns, and wealth transfer effects (2010)Going private transactions, b…Corporate performance and managerial remuneration (1985)Performance Pay and Top-Management Incentives (1990)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)A Survey of Corporate Governance (1997)The Problem of Social Cost (1960)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Financial Intermediation and Delegated Monitoring (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)A test of the free cash flow hypothesis (1991)Interorganizational Imitation: The Impact of Interlocks on Corporate Acquisition Activity (1993)Agency costs of free cash flow, corporate finance, and takeovers (1996)Corporate Social Responsibility as a Conflict Between Shareholders (2010)Outside directors and CEO turnover (1988)Efficient Capital Markets: II (1991)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1999)A Resource-Based Perspective on Information Technology Capability and Firm Performance: An Empirical Investigation1 (2000)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)The market for corporate control (1983)The impact of industry shocks on takeover and restructuring activity (1996)Assessing the Probability of Bankruptcy (2004)Determinants of weaknesses in internal control over financial reporting (2007)Determinants of corporate borrowing (1977)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Creditor control rights and firm investment policy☆ (2009)Capital Structure and Debt Structure (2010)Refinancing Risk and Cash Holdings (2013)The Nature of the Firm (1937)Limited-dependent and qualitative variables in econometrics (1983)The Structure of Corporate Ownership: Causes and Consequences (1985)Cross-border acquisition abandonment and completion: The effect of institutional differences and organizational learning in the international business service industry, 1981–2001 (2009)Who Writes the News? 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this work references cited by second hop

References

  • 2003Corporate Governance and Equity Prices6,115 cited
  • 1979On financial contracting2,901 cited
  • 1999Eclipse of the Public Corporation1,656 cited
  • 1989The effects of management buyouts on operating performance and value1,319 cited
  • 1986Predicting takeover targets1,311 cited
  • 1989Free Cash Flow and Stockholder Gains in Going Private Transactions1,097 cited
  • 2000Hostility in Takeovers: In the Eyes of the Beholder?851 cited
  • 2007Growth Opportunities and the Choice of Leverage, Debt Maturity, and Covenants762 cited
  • 1989Corporate takeovers: causes and consequences647 cited
  • 2007How Are Firms Sold?538 cited
  • 1993The Determinants of Leveraged Buyout Activity: Free Cash Flow vs. Financial Distress Costs486 cited
  • 1989Management Buyouts: Evidence on Taxes as a Source of Value469 cited
  • 1993The Evolution of Buyout Pricing and Financial Structure in the 1980s448 cited
  • 2011Do Buyouts (Still) Create Value?444 cited
  • 1989Corporate Takeovers: Causes and Consequences419 cited
  • 2008Why do private acquirers pay so little compared to public acquirers?☆

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372 cited

Cited by

  • 2015Do joint ventures and strategic alliances create value for bondholders?45 cited
  • 2019Leveraged buyouts and bond credit spreads37 cited
  • 2016The bond event study methodology since 197431 cited
  • 2021Caught in the crossfire: How the threat of hedge fund activism affects creditors28 cited
  • 2019An Introduction to Mergers, Acquisitions, and Other Restructuring Activities28 cited
  • 2010Momentum in Corporate Bond Returns28 cited
  • 2010Going private transactions, bondholder returns, and wealth transfer effects27 cited
  • 2020Lender Monitoring and the Efficacy of Managerial Risk-Taking Incentives23 cited
  • 2017Institutional investment horizon, the information environment, and firm credit risk21 cited