Asking the Right Question: The Statutory Right of Appraisal and Efficient Markets
In appraisal cases, shareholders have the right to have a judge determine the “fair value” of their shares. These cases bring economic a
In appraisal cases, shareholders have the right to have a judge determine the “fair value” of their shares. These cases bring economic a
The growing influence of activists in today’s corporate landscape has prompted financial economists to investigate the drivers of shareho
Unlike the case of cross-border trade, there is no explicit international governance regime for cross-border M&A; rather, there is a
We study if a CEO’s equity-based compensation affects the expected value generation in takeovers.