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The winner’s curse in acquisitions of privately-held firms
16 references·5 citing·46 second hop
The winner’s curse in acquisitions of privately-held firms (2017)The winner’s curse in acquisitions of pri…All the News That's Fit to Reprint: Do Investors React to Stale Information? (2011)All the News That's Fit to Re…Corporate Governance and Acquirer Returns (2007)Corporate Governance and Acqu…The costs of entrenched boards (2005)The costs of entrenched boardsCEO Overconfidence and Corporate Investment (2005)CEO Overconfidence and Corpor…Auctions: Theory and Practice (2004)Auctions: Theory and PracticeCorporate Governance and Equity Prices (2003)Corporate Governance and Equi…Characteristics of a firm's information environment and the information asymmetry between insiders and outsiders (2003)Characteristics of a firm's i…Information asymmetry, valuation, and the corporate spin-off decision (1999)Information asymmetry, valuat…Why do venture capital firms exist? theory and canadian evidence (1998)Why do venture capital firms …Takeovers of Privately Held Targets, Methods of Payment, and Bidder Returns (1998)Takeovers of Privately Held T…Event Studies in Economics and Finance (1997)Event Studies in Economics an…What do venture capitalists do? (1989)What do venture capitalists d…The Hubris Hypothesis of Corporate Takeovers (1986)The Hubris Hypothesis of Corp…Auctions and Bidding (1986)Auctions and BiddingCompetitive Bidding in High-Risk Situations (1971)Competitive Bidding in High-R…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Market for "Lemons": Qual…Research on Financial Risk Forecast Model of Listed Companies Based on Convolutional Neural Network (2022)Research on Financial Risk Fo…The effect of ESG on value creation from mergers and acquisitions. What changed during the COVID-19 pandemic? (2021)The effect of ESG on value cr…Does it pay to acquire private firms? Evidence from the U.S. banking industry (2020)Does it pay to acquire privat…Cognitive Biases as an Integral Part of Behavioral Finance (2020)Cognitive Biases as an Integr…An Introduction to Mergers, Acquisitions, and Other Restructuring Activities (2019)An Introduction to Mergers, A…Judgment under Uncertainty: Heuristics and Biases (1975)The Framing of Decisions and the Psychology of Choice (1981)The market for corporate control (1983)Efficient Capital Markets: II (1991)A Survey of Corporate Governance (1997)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The arbitrage theory of capital asset pricing (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices (2000)Capital markets research in accounting (2001)Introductory Econometrics for Finance (2008)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Corporate focus and stock returns (1995)Diversification's effect on firm value (1995)Information Asymmetry, R&D, and Insider Gains (2000)Does Asymmetric Information Drive Capital Structure Decisions? 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References

  • 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism22,977 cited
  • 2003Corporate Governance and Equity Prices6,115 cited
  • 1997Event Studies in Economics and Finance4,623 cited
  • 1986The Hubris Hypothesis of Corporate Takeovers3,764 cited
  • 2005CEO Overconfidence and Corporate Investment3,686 cited
  • 1986Auctions and Bidding2,253 cited
  • 2007Corporate Governance and Acquirer Returns1,780 cited
  • 1989What do venture capitalists do?1,371 cited
  • 2005The costs of entrenched boards985 cited
  • 1999Information asymmetry, valuation, and the corporate spin-off decision836 cited
  • 2003Characteristics of a firm's information environment and the information asymmetry between insiders and outsiders783 cited
  • 2004Auctions: Theory and Practice779 cited
  • 1998Takeovers of Privately Held Targets, Methods of Payment, and Bidder Returns769 cited
  • 1998Why do venture capital firms exist? theory and canadian evidence746 cited
  • 2011All the News That's Fit to Reprint: Do Investors React to Stale Information?678 cited
  • 1971Competitive Bidding in High-Risk Situations

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Cited by

  • 2021The effect of ESG on value creation from mergers and acquisitions. What changed during the COVID-19 pandemic?70 cited
  • 2020Cognitive Biases as an Integral Part of Behavioral Finance36 cited
  • 2019An Introduction to Mergers, Acquisitions, and Other Restructuring Activities28 cited
  • 2022Research on Financial Risk Forecast Model of Listed Companies Based on Convolutional Neural Network21 cited
  • 2020Does it pay to acquire private firms? Evidence from the U.S. banking industry15 cited