Browsing by Subject "Takeover bids"

Now showing items 1-1 of 1

Volatility in stocks subject to takeover bids : Australian evidence using daily data

Hutson, Elaine ; Kearney, Colm (Elsevier, 2001-07)

Using daily price and volume data on 112 of the largest takeover targets in Australia during the period from 1985 to 1993, we find that conditional price volatility declines after the takeover announcement. This decline ...