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Hold-up, stakeholders and takeover threats

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  • Chemla, Gilles
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    Article provided by Elsevier in its journal Journal of Financial Intermediation.

    Volume (Year): 14 (2005)
    Issue (Month): 3 (July)
    Pages: 376-397

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    Handle: RePEc:eee:jfinin:v:14:y:2005:i:3:p:376-397

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    Web page: http://www.elsevier.com/locate/inca/622875

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    References

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    23. Wara, A. & Welch, I., 1990. "Bondholder Losses In Leveraged Buyouts," Papers fb-_90-04, Columbia - Graduate School of Business.
    24. Chemla, Gilles, 2004. "Takeovers and the dynamics of information flows," International Journal of Industrial Organization, Elsevier, vol. 22(4), pages 575-590, April.
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    37. Bronars, Stephen G & Deere, Donald R, 1991. "The Threat of Unionization, the Use of Debt, and the Preservation of Shareholder Wealth," The Quarterly Journal of Economics, MIT Press, vol. 106(1), pages 231-54, February.
    38. Georg Noldeke & Klaus M. Schmidt, 1995. "Option Contracts and Renegotiation: A Solution to the Hold-Up Problem," RAND Journal of Economics, The RAND Corporation, vol. 26(2), pages 163-179, Summer.
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    Cited by:
    1. Chilosi, Alberto & Damiani, Mirella, 2007. "Stakeholders vs. shareholders in corporate governance," MPRA Paper 2334, University Library of Munich, Germany.
    2. Holden, Craig W. & Lundstrum, Leonard L., 2009. "Costly trade, managerial myopia, and long-term investment," Journal of Empirical Finance, Elsevier, vol. 16(1), pages 126-135, January.

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