haku: @author Lewellen, W. / yhteensä: 3
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| Tekijä: | Lewellen, W. Loderer, C. Rosenfeld, A. |
| Otsikko: | Mergers, executive risk reduction, and stockholder wealth |
| Lehti: | Journal of Financial and Quantitative Analysis
1989 : DEC, VOL. 24:4, p. 459-472 |
| Asiasana: | RETURN ON INVESTMENT SHAREHOLDERS INVESTMENT APPRAISAL |
| Kieli: | eng |
| Tiivistelmä: | A test of hypotheses that managers' investment decisions aimed at reducing firm risk are related to reducing their personal wealth risk. Personal portfolio considerations. Methodology and data. Measuring merger-related stock returns. Merger sample. Variable definitions. Empirical findings: mergers and risk changes. Executive stock ownership and risk changes. Stockholder wealth. Five Tables illustrate the study. |
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