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| Tekijä: | D'Aveni, R. Kesner, I. |
| Otsikko: | Top managerial prestige, power and tender offer response: a study of elite social networks and target firm cooperation during takeovers |
| Lehti: | Organization Science
1993 : MAY, VOL. 4:2, p. 123-151 |
| Asiasana: | TENDER OFFERS TOP MANAGEMENT AGENCY THEORY |
| Kieli: | eng |
| Tiivistelmä: | In this paper the authors explore the following research question: when faced with a tender offer, why do some firms resist and others cooperate? In the past , researchers have suggested that the manner in which firms respond to takeover attempts may be, in part, a function of managers' personal motivations. The authors contribute to this line of research by questioning whether other factors might be involved. They examine whether cooperation may be a function of the friendliness of the bidding company. |
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