M&A

The growing influence of activists in today’s corporate landscape has prompted financial economists to investigate the drivers of shareholder...Read more

Unlike the case of cross-border trade, there is no explicit international governance regime for cross-border M&A; rather, there is a shared...Read more

In appraisal cases, shareholders have the right to have a judge determine the “fair value” of their shares.  These cases bring economic analysis...Read more

Mergers and acquisitions (M&As) are among the most important events in a company’s lifecycle and have a significant impact on the firm’s...Read more

In this article, we examine the potential for management-worker alliances when employees have substantial voting rights from their equity...Read more

The intense and sustained presence of hedge fund activists in many industries and markets makes it likely that activism produces effects beyond...Read more

Takeovers are major corporate actions; they significantly impact the future of the acquiring company. A successful acquisition requires a...Read more

In Does Revlon Matter: An Empirical and Theoretical Study, available...Read more

These are exceptional times. Almost everywhere, policymakers are taking exceptional measures. Most of these measures are in the domains of public...Read more

We study if a CEO’s equity-based compensation affects the expected value generation in takeovers. When the objectives of management and...Read more