haku: @indexterm Managerial effectiveness / yhteensä: 283
viite: 19 / 283
Tekijä: | Goldstein, D. |
Otsikko: | Hostile taakeovers as corporate governance? Evidence from the 1980s |
Lehti: | Review of Political Economy
2000 : OCT, VOL. 12:4, p. 381-402 |
Asiasana: | Mergers Managerial effectiveness Cash flow |
Kieli: | eng |
Tiivistelmä: | The notion thaat hostile takeovers must play a key role in corporate governance, by bringin purportedly efficient financial market pressures to bear on poorly performing managers, often underlies proposals for financial sector reform. But the tests provide little support for the free cash flow hypothesis. |
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