search query: @author Poulsen, A. / total: 4
reference: 3 / 4
Author: | Netter, J. Poulsen, A. |
Title: | State corporation laws and shareholders: The recent experience. |
Journal: | Financial Management
1989 : AUTUMN, VOL. 18:3, p. 29-40 |
Index terms: | SHAREHOLDERS COMPANY LAW MERGERS |
Language: | eng |
Abstract: | Tests of shareholder wealth effects of 2 risk-reduction methods to offset takeover threats: reincorporation of Delaware firms, and use of charter provisions to expand management protection from personal liability for corporate decision making. Delaware's corporate law and agency costs. Recent changes in corporate law. Earlier evidence. Measurement of shareholder wealth effects. Reincorporating firms in Delaware. Expanded indemnification and limitations on director liability. Estimation methodology. Changes to corporate charters. Four Exhibits illustrate the study. |
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