haku: @author Emery, G. / yhteensä: 3
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Tekijä:Emery, G.
Switzer, J.
Otsikko:Expected market reaction and the choice of method of payment for acquisitions
Lehti:Financial Management
1999 : WIN, VOL. 28:4, p. 73-86
Asiasana:Market forecasting
MERGERS
Bidding
Compensation
Kieli:eng
Tiivistelmä:The authors hypothesize that a bidder's managers forecast the market's reaction to the announcement of an acquisition and choose the method of payment that they expect to provide the higher abnormal return. They find that most bidders chose the method of payment with the higher expected abnormal return although this result was stronger among the acquisitions for cash.
SCIMA tietueen numero: 203356
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