Matches in SemOpenAlex for { <https://semopenalex.org/work/W1518821491> ?p ?o ?g. }
- W1518821491 abstract "We investigate the relation between long run takeover performance and board share ownership in the acquiring company for a sample of 142 UK takeovers completed between 1985-95. We find evidence of a non-linear relationship both between board ownership and takeover profitability, and between board ownership and post-takeover share returns. We cast the analysis in a simultaneous equations framework using non- linear two-stage least squares, and find that our results are robust to this alternative specification. The results are therefore consistent with a managerial alignment / entrenchment trade-off." @default.
- W1518821491 created "2016-06-24" @default.
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- W1518821491 date "2001-09-25" @default.
- W1518821491 modified "2023-09-27" @default.
- W1518821491 title "Managerial discretion and takeover performance" @default.
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