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The shareholder value effects of using value-based performance measures: Evidence from acquisitions and divestments
16 references·2 citing·34 second hop
The shareholder value effects of using value-based performance measures: Evidence from acquisitions and divestments (2018)The shareholder value effects of using va…On Persistence in Mutual Fund Performance (1997)On Persistence in Mutual Fund…Event Studies in Economics and Finance (1997)Event Studies in Economics an…Higher market valuation of companies with a small board of directors (1996)Higher market valuation of co…Diversification's effect on firm value (1995)Diversification's effect on f…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…Agency Theory: An Assessment and Review (1989)Agency Theory: An Assessment …The Hubris Hypothesis of Corporate Takeovers (1986)The Hubris Hypothesis of Corp…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 returnsCorporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Separation of Ownership and Control (1983)Separation of Ownership and C…Measuring security price performance (1980)Measuring security price perf…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Market for "Lemons": Qual…The Adjustment of Stock Prices to New Information (1969)The Adjustment of Stock Price…An Empirical Evaluation of Accounting Income Numbers (1968)An Empirical Evaluation of Ac…The influence of organizational structure on value-based management sophistication (2022)The influence of organization…Board experience and value creation in cross-border acquisitions: The role of acquirer and target country institutions (2021)Board experience and value cr…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)Determinants of corporate borrowing (1977)Management ownership and market valuation (1988)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Audit committee, board of director characteristics, and earnings management (2002)Corporate Governance and Equity Prices (2003)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)STRATEGY IN EMERGING ECONOMIES. (2000)Modes of Network Governance: Structure, Management, and Effectiveness (2007)Opinion Paper: “So what if ChatGPT wrote it?” Multidisciplinary perspectives on opportunities, challenges and implications of generative conversational AI for research, practice and policy (2023)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)Introductory Econometrics for Finance (2008)The Nature of the Firm (1937)The Pricing of Options and Corporate Liabilities (1973)Law and Finance (1998)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Problems and the Theory of the Firm (1980)Strategic assets and organizational rent (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)The Evolution of Cooperation (1981)The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation (1991)A Survey of Corporate Governance (1997)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Capital Structure Puzzle (1984)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism22,977 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1997On Persistence in Mutual Fund Performance17,267 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1989Agency Theory: An Assessment and Review13,327 cited
  • 1996Higher market valuation of companies with a small board of directors6,614 cited
  • 1985Using daily stock returns6,497 cited
  • 1968An Empirical Evaluation of Accounting Income Numbers6,384 cited
  • 1997Event Studies in Economics and Finance4,623 cited
  • 1986The Hubris Hypothesis of Corporate Takeovers3,764 cited
  • 1969The Adjustment of Stock Prices to New Information3,625 cited
  • 1980Measuring security price performance3,330 cited
  • 1995

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Diversification's effect on firm value
3,069 cited

Cited by

  • 2022The influence of organizational structure on value-based management sophistication33 cited
  • 2021Board experience and value creation in cross-border acquisitions: The role of acquirer and target country institutions17 cited