Table of contents
The Pre‐Bid Share Price Performance of Target Companies Involved in the Successful and Unsuccessful Defence of a Hostile Takeover Bid: A Pilot Study
Chris Parkinson, Matthew Ian ShawThe content of this paper is adapted from two studies of contested takeover bids. These studies, and this paper, are attempts to add to the limited research conducted in the UK…
Foreign Acquisitions: When Do They Make Sense?
Randall Morck, Bernard YeungWhy should a firm expand across national frontiers? The costs of operating under different tax systems, coping with different cultural traditions and dealing with multiple…
Predicting the Outcome of Tender Offers: An Endogeneity Problem
Charles Austin Stone, Anne‐Marie ZissuThis paper proposes an alternative method of estimating a model that predicts the outcome of a tender offer. We argue that previous econometric models designed to predict the…
Regulating the Market for Corporate Control: Some UK Evidence
William P. ForbesThis paper presents an analysis of UK merger policy based upon the allocative effects of Monopoly and Mergers Commission (MMC) decisions. For some time now evidence has been…
A Deterministic Pricing Model Approach to Merger Analysis
Robert L Conn, Karen E. Lahey, Michael LaheyThis paper extends the merger pricing model associated with Larson‐Gonedes to the general question: how well does the premium developed from the pricing model forecast the…
Defensive Strategies of Target Firms in UK Contested Takeovers
P.S. SudarsanamTakeovers play an important role in the allocation of re‐sources to the most efficient uses and represent a mech‐anism by which corporate resources are transferred from one…
ISSN:
0307-4358Online date, start – end:
1975Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Don Johnson