Browsing by Subject "Takeovers"

Now showing items 1-4 of 4

Accountants' reports on profit forecasts : regulation and practice

Brennan, Niamh ; Gray, S. J. (MCB University Press, 2000)

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 ...
Disclosure of profit forecasts during takeovers : evidence from directors and advisors

Brennan, Niamh (Institute of Chartered Accountants of Scotland, 1998)
An empirical examination of forecast disclosure by bidding companies

Brennan, Niamh (Croner.CCH, 2000)

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 ...
Merger arbitrage and the interaction between target and bidder stocks during takeover bids

Hutson, Elaine ; Kearney, Colm (Elsevier, 2005)

We use bivariate ARCH specifications to model the conditional mean and stock price volatility for 56 takeover bids from January 1985 and July 1994. Using daily data from one year prior to the takeover announcement until ...