On the Use of Poison Pills and Defensive Payouts by Takeover Targets

Citations

Cited by:

1. Kai Wang & Kun-Kun Xue & Jin-Hua Xu & Chien-Chi Chu & Sang-Bing Tsai & He-Jun Fan & Zhen-Yu Wang & Jiangtao Wang, 2018. "How Does a Staggered Board Provision Affect Corporate Strategic Change?—Evidence from China’s Listed Companies," Sustainability, MDPI, vol. 10(5), pages 1-13, May.
2. Ertugrul, Mine, 2015. "Bargaining power of targets: Takeover defenses and top-tier target advisors," Journal of Economics and Business, Elsevier, vol. 78(C), pages 48-78.
3. Liu, Tingting & Mulherin, J. Harold, 2018. "How has takeover competition changed over time?," Journal of Corporate Finance, Elsevier, vol. 49(C), pages 104-119.
4. repec:ipg:wpaper:1 is not listed on IDEAS
5. John, Kose & Knyazeva, Anzhela & Knyazeva, Diana, 2015. "Governance and Payout Precommitment," Journal of Corporate Finance, Elsevier, vol. 33(C), pages 101-117.
6. Lee, Kangbok & Joo, Sunghoon & Baik, Hyeoncheol & Han, Sumin & In, Joonhwan, 2020. "Unbalanced data, type II error, and nonlinearity in predicting M&A failure," Journal of Business Research, Elsevier, vol. 109(C), pages 271-287.
7. Albert Banal‐Estañol & Paul Heidhues & Rainer Nitsche & Jo Seldeslachts, 2010. "Screening And Merger Activity," Journal of Industrial Economics, Wiley Blackwell, vol. 58(4), pages 794-817, December.
   • Banal-Estanol, Albert & Heidhues, Paul & Nitsche, Rainer & Seldeslachts, Jo, 2009. "Screening and Merger Activity," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 270, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
8. Carol Marquardt & Emanuel Zur, 2015. "The Role of Accounting Quality in the M&A Market," Management Science, INFORMS, vol. 61(3), pages 604-623, March.
9. Heron, Randall A. & Lie, Erik, 2015. "The effect of poison pill adoptions and court rulings on firm entrenchment," Journal of Corporate Finance, Elsevier, vol. 35(C), pages 286-296.
10. Bates, Thomas W. & Becher, David A. & Lemmon, Michael L., 2008. "Board classification and managerial entrenchment: Evidence from the market for corporate control," Journal of Financial Economics, Elsevier, vol. 87(3), pages 656-677, March.
11. Rowoldt, Maximilian & Starke, Dennis, 2016. "The role of governments in hostile takeovers – Evidence from regulation, anti-takeover provisions and government interventions," International Review of Law and Economics, Elsevier, vol. 47(C), pages 1-15.
12. repec:ipg:wpaper:2013-001 is not listed on IDEAS
13. Karpoff, Jonathan M. & Schonlau, Robert & Wehrly, Eric, 2022. "Which antitakeover provisions deter takeovers?," Journal of Corporate Finance, Elsevier, vol. 75(C).
14. Madura, Jeff & Ngo, Thanh & Viale, Ariel M., 2012. "Why do merger premiums vary across industries and over time?," The Quarterly Review of Economics and Finance, Elsevier, vol. 52(1), pages 49-62.
15. Baker, Malcolm & Pan, Xin & Wurgler, Jeffrey, 2012. "The effect of reference point prices on mergers and acquisitions," Journal of Financial Economics, Elsevier, vol. 106(1), pages 49-71.
16. Tugce Karatas & Ali Hirsa, 2021. "Predicting Status of Pre and Post M&A Deals Using Machine Learning and Deep Learning Techniques," Papers 2110.09315, arXiv.org.
17. Bruno-Laurent Moschetto & Frédéric Teulon, 2015. "Optimisation d’une stratégie anti- opa par limitation linéaire des droits de vote face à un investisseur hostile," Revue économique, Presses de Sciences-Po, vol. 66(6), pages 1067-1088.
    • Bruno-Laurent Moschetto & Frédéric Teulon, 2014. "Optimisation d’une stratégie anti-OPA par limitation linéaire des droits de vote face à un investisseur hostile," Working Papers 2014-410, Department of Research, Ipag Business School.
18. Al Dah, Bilal & Michael, Amir & Dixon, Rob, 2017. "Antitakeover provisions and CEO monetary benefits: Revisiting the E-index," Research in International Business and Finance, Elsevier, vol. 42(C), pages 992-1004.
19. Vijh, Anand M. & Yang, Ke, 2013. "Are small firms less vulnerable to overpriced stock offers?," Journal of Financial Economics, Elsevier, vol. 110(1), pages 61-86.
20. Harris, Oneil & Madura, Jeff, 2010. "Cause and effects of poison pill adoptions by spinoff units," Journal of Economics and Business, Elsevier, vol. 62(4), pages 307-330, July.
21. Stráska, Miroslava & Waller, Gregory, 2010. "Do antitakeover provisions harm shareholders?," Journal of Corporate Finance, Elsevier, vol. 16(4), pages 487-497, September.
22. Caiazza, Stefano & Pozzolo, Alberto Franco, 2016. "The determinants of failed takeovers in the banking sector: Deal or country characteristics?," Journal of Banking & Finance, Elsevier, vol. 72(S), pages 92-103.
23. Arikawa, Yasuhiro & Mitsusada, Yosuke, 2011. "The adoption of poison pills and managerial entrenchment: Evidence from Japan," Japan and the World Economy, Elsevier, vol. 23(1), pages 63-77, January.
24. Eckbo, B. Espen, 2009. "Bidding strategies and takeover premiums: A review," Journal of Corporate Finance, Elsevier, vol. 15(1), pages 149-178, February.
25. Frédéric Teulon & Bruno Laurent Moschetto, 2013. "Linear Voting Rule Limitation Strategy to Reduce the Power of a Unique New Comer in a Firm’s Capital," Working Papers 2013-1, Department of Research, Ipag Business School.
26. Erin E. Smith, 2019. "Are Antitakeover Amendments Good for Shareholders? Evidence from the Adoption of Antitakeover Provisions in the Post-SOX Era," Quarterly Journal of Finance (QJF), World Scientific Publishing Co. Pte. Ltd., vol. 9(04), pages 1-40, December.
27. Levit, Doron, 2017. "Advising shareholders in takeovers," Journal of Financial Economics, Elsevier, vol. 126(3), pages 614-634.
28. Carline, Nicholas F. & Linn, Scott C. & Yadav, Pradeep K., 2014. "Corporate governance and the nature of takeover resistance," CFR Working Papers 14-01, University of Cologne, Centre for Financial Research (CFR).