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Antitakeover Provisions and Shareholder Wealth: A Survey of the Literature

Straska, Miroslava - ; Waller, H Gregory - ;

We survey theoretical and empirical research on antitakeover provisions, focusing on the relation between antitakeover provisions and shareholder value. We divide the empirical studies based upon the evidence that they provide: short-term event studies, studies on performance and policy changes around adopting antitakeover provisions or passing state antitakeover laws, studies on the impact of antitakeover provisions on takeovers, studies on the relation between antitakeover provisions and firm characteristics, and long-term studies on the relation between antitakeover provisions and firm performance or policies. We also discuss the place of antitakeover provisions in the current debate about ?good governance? practices..Printed Journal


Ketersediaan

Call NumberLocationAvailable
JFQA4904PSB lt.dasar - Pascasarjana1
PenerbitCambridge: Cambridge University Press
Edisi-
SubjekFirm
shareholder value
Antitakeover provisions
antitakeover laws
ISBN/ISSN221090
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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