This paper examines the relationship between the price bid for a takeover target, the probability of the bid succeeding and the target's price over the course of the bid. We test and reject Samuelson and Rosenthal's (1986) ...
Hutson, Elaine(University of Canterbury School of Law, 1998)
As the process of financial and economic reform gains pace throughout
the Asia-Pacific region, one important aspect that deserves the attention of
business and legal analysts is the regulation of corporate control. ...
This paper begins with a commentary on the unfolding of the
Asian crisis, and includes summary information on the effect of the crisis on
the rate of economic growth and unemployment in the region. A review of
current ...
A view has developed among some retailing researchers that financial markets have, from time to time, unduly favoured the retail sector in the UK. It is argued that this has been exploited, to some extent, by retailing ...
Cotter, John(Financial Services Research Forum, 1997)
While considerable attention has been paid to market reaction announcements of public equity issues, only a small amount of research has been devoted to their private placement counterparts. This is surprising given that ...