search query: @indexterm MERGERS / total: 2376
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| Author: | Gaspar, J. Massa, M. Matos, P. |
| Title: | Shareholder investment horizons and the market for corporate control |
| Journal: | Journal of Financial Economics
2005 : APR, VOL. 76:1, p. 135-165 |
| Index terms: | Company control Institutional investors Mergers Shareholders |
| Language: | eng |
| Abstract: | This article examines how the investment horizon of a companys institutional shareholders impacts the market for corporate control. The writers find that target firms with short-term shareholders are more likely to receive an acquisition bid but get lower premiums. |
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