haku: @author Jahera, J.S. Jr. / yhteensä: 1
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| Tekijä: | Pugh, W.N. Jahera, J.S. Jr. |
| Otsikko: | State antitakeover legislation and shareholder wealth |
| Lehti: | Journal of Financial Research
1990 : FALL, VOL. 13:3, p.221-231 |
| Asiasana: | MODELS FINANCIAL MODELS |
| Kieli: | eng |
| Tiivistelmä: | The study examines market reaction to state antitakeover legislation by case and in aggregate for six bills from four influential states that passed second- generation antitakeover statutes. Prior research gives mixed conclusions on the effect. In contrast to reactions in some earlier studies, negative market reactions in this study are weak, yielding little evidence of any permanent harm to shareholders. |
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