Loderer, Claudio; Martin, Kenneth (1990). Corporate acquisitions by listed firms: the experience of a comprehensive sample. Financial Management, 19(4), pp. 17-33. Wiley
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1990 Corporate Acquisitions by Listed Firms The Experience of a Comprehensive Sample.pdf - Accepted Version Restricted to registered users only Available under License Publisher holds Copyright. Download (748kB) |
The sample used includes tender offers, mergers, acquisitions of privately held corporations, and comprehensive acquisitions of other firms' assets. According to the results, the majority of bid announcements prompt significant stock price increases, especially when controlling for partial anticipation problems and relative acquisition size. Furthermore, there is little evidence that firms that engage in "bad" acquisitions are more likely to be taken over.
Item Type: |
Journal Article (Original Article) |
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Division/Institute: |
03 Faculty of Business, Economics and Social Sciences > Department of Business Management > Institute of Financial Management |
UniBE Contributor: |
Loderer, Claudio |
Subjects: |
300 Social sciences, sociology & anthropology > 330 Economics |
ISSN: |
0046-3892 |
Publisher: |
Wiley |
Language: |
English |
Submitter: |
Karin Dolder |
Date Deposited: |
24 Jan 2014 09:19 |
Last Modified: |
05 Dec 2022 14:27 |
BORIS DOI: |
10.7892/boris.39541 |
URI: |
https://boris.unibe.ch/id/eprint/39541 |