Profit forecasts are rarely disclosed in the UK except in prospectuses, circulars and during takeover bids. There are few regulations governing the content of profit forecasts. Under stock exchange rules these forecasts ...
Neary, J. Peter(University College Dublin. School of Economics, 2004-03-01)
A two-country model of oligopoly in general equilibrium is used to show how changes
in market structure accompany the process of trade and capital market liberalisation. The
model predicts that bilateral mergers in which ...
This paper examines voluntary disclosure of profit forecasts by bidding companies during takeovers. Disclosure is examined from two perspectives: (i) factors influencing disclosure and (ii) the influence of good news and ...
Thresholds defined on the level and change in the HHI (Herfindahl-Hirschmann Index) applied to market shares seem to be the main instrument to select notified mergers for investigation in both the EU and
US. We question ...
This exploratory study extends the analysis of narrative disclosures from routine reporting contexts such as annual reports and press releases to non-routine takeover documents where the financial consequences of narrative ...
Neary, J. Peter(University College Dublin. School of Economics, 2005-08)
This paper reviews the theory of foreign direct investment (FDI), focusing on an apparent conict between theory and recent trends in the globalized world. The bulk of FDI is horizontal rather than vertical, but
horizontal ...
This paper examines factors influencing voluntary forecast disclosure by target companies, whether good/bad news forecasts are disclosed and the influence of forecasts on the outcome of hostile bids. Disclosure was ...