IDEAS home Printed from https://ideas.repec.org/r/eee/jfinec/v124y2017i3p464-485.html
   My bibliography  Save this item

Do takeover laws matter? Evidence from five decades of hostile takeovers

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as


Cited by:

  1. Malmendier, Ulrike M. & Borgschulte, Mark & Guenzel, Marius & Liu, Canyao, 2020. "CEO Stress, Aging, and Death," CEPR Discussion Papers 14933, C.E.P.R. Discussion Papers.
  2. Stephie Tsai, Hsin-Ju & Wu, Yuliang & Xu, Bin, 2021. "Does capital market drive corporate investment efficiency? Evidence from equity lending supply," Journal of Corporate Finance, Elsevier, vol. 69(C).
  3. Zhang, Huilin & Boubaker, Sabri & Ni, Xiaoran, 2023. "Creditor rights and real earnings management: Evidence from quasi-natural experiments," Finance Research Letters, Elsevier, vol. 53(C).
  4. Gigante, Gimede & Angioni, Ottavio, 2023. "The impact of preventive takeover defences on corporate financial performance: Evidence from the US," Finance Research Letters, Elsevier, vol. 55(PA).
  5. Pietro Bonetti & Miguel Duro & Gaizka Ormazabal, 2020. "Disclosure Regulation and Corporate Acquisitions," Journal of Accounting Research, Wiley Blackwell, vol. 58(1), pages 55-103, March.
  6. Heath, Davidson & Ringgenberg, Matthew C. & Samadi, Mehrdad & Werner, Ingrid M., 2019. "Reusing Natural Experiments," Working Paper Series 2019-21, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
  7. Dana C. Andersen & Ramón López, 2019. "Do Tax Cuts Encourage Rent Seeking By Top Corporate Executives? Theory And Evidence," Contemporary Economic Policy, Western Economic Association International, vol. 37(2), pages 219-235, April.
  8. Ghafoor, Abdul & Šeho, Mirzet & Sifat, Imtiaz, 2023. "Co-opted board and firm climate change risk," Finance Research Letters, Elsevier, vol. 52(C).
  9. Inder K. Khurana & Wei Wang, 2019. "International Mergers and Acquisitions Laws, the Market for Corporate Control, and Accounting Conservatism," Journal of Accounting Research, Wiley Blackwell, vol. 57(1), pages 241-290, March.
  10. Nopparat Wongsinhirun & Pattanaporn Chatjuthamard & Pornsit Jiraporn & Piyachart Phiromswad, 2022. "Do takeover threats influence corporate social responsibility? Evidence from hostile takeover vulnerability," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(5), pages 1203-1213, September.
  11. Li, Xia & Gupta, Jairaj & Bu, Ziwen & Kannothra, Chacko George, 2023. "Effect of cash flow risk on corporate failures, and the moderating role of earnings management and abnormal compensation," International Review of Financial Analysis, Elsevier, vol. 89(C).
  12. Luong, Thanh Son & Qiu, Buhui & Wu, Yi (Ava), 2021. "Does it pay to be socially connected with wall street brokerages? Evidence from cost of equity," Journal of Corporate Finance, Elsevier, vol. 68(C).
  13. Guthrie, Graeme & Hobbs, Cameron, 2021. "How managerial ownership and the market for corporate control can improve investment timing," Journal of Banking & Finance, Elsevier, vol. 128(C).
  14. Pham, Mia Hang, 2020. "In law we trust: Lawyer CEOs and stock liquidity," Journal of Financial Markets, Elsevier, vol. 50(C).
  15. Krishnamurti, Chandrasekhar & Chowdhury, Hasibul & Han, Hien Duc, 2021. "CEO centrality and stock price crash risk," Journal of Behavioral and Experimental Finance, Elsevier, vol. 31(C).
  16. Mbanyele, William & Muchenje, Linda T, 2022. "The dark side of weakening shareholder litigation rights: Evidence from green patenting activities," Finance Research Letters, Elsevier, vol. 47(PB).
  17. Chen, Xiaomeng Charlene & Jones, Stewart & Hasan, Mostafa Monzur & Zhao, Ruoyun & Alam, Nurul, 2023. "Does strategic deviation influence firms’ use of supplier finance?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 85(C).
  18. Chowdhury, Hasibul & Hodgson, Allan & Pathan, Shams, 2020. "Do external labour market incentives constrain bad news hoarding? The CEO's industry tournament and crash risk reduction," Journal of Corporate Finance, Elsevier, vol. 65(C).
  19. Wongsinhirun, Nopparat & Chatjuthamard, Pattanaporn & Jiraporn, Pornsit, 2023. "Corporate culture and board gender diversity: Evidence from textual analysis," International Review of Financial Analysis, Elsevier, vol. 86(C).
  20. Chen, Jie & Su, Xunhua & Tian, Xuan & Xu, Bin, 2022. "Does customer-base structure influence managerial risk-taking incentives?," Journal of Financial Economics, Elsevier, vol. 143(1), pages 462-483.
  21. Jaeseong Lim, 2023. "Organization Capital and Corporate Governance," JRFM, MDPI, vol. 16(9), pages 1-14, August.
  22. Alex Holcomb & Paul Mason, 2021. "The Effect of Industry Restructuring on Peer Firms," JRFM, MDPI, vol. 14(5), pages 1-25, May.
  23. Nguyen, Nam H. & Phan, Hieu V. & Simpson, Thuy, 2020. "Political corruption and mergers and acquisitions," Journal of Corporate Finance, Elsevier, vol. 65(C).
  24. Al Mamun, Md & Balachandran, Balasingham & Duong, Huu Nhan, 2020. "Powerful CEOs and stock price crash risk," Journal of Corporate Finance, Elsevier, vol. 62(C).
  25. Basnet, Anup & Davis, Frederick & Walker, Thomas & Zhao, Kun, 2021. "The effect of securities class action lawsuits on mergers and acquisitions," Global Finance Journal, Elsevier, vol. 48(C).
  26. Marwick, Alex & Hasan, Mostafa Monzur & Luo, Tianpei, 2020. "Organization capital and corporate cash holdings," International Review of Financial Analysis, Elsevier, vol. 68(C).
  27. Gao, Ning & Peng, Ni & Zhang, Yi, 2021. "Distributive inefficiency in horizontal mergers: Evidence from wealth transfers between merging firms and their customers," International Review of Financial Analysis, Elsevier, vol. 78(C).
  28. Anutchanat Jaroenjitrkam & Sirimon Treepongkaruna & Pornsit Jiraporn, 2022. "Does shareholder litigation risk promote or hinder corporate social responsibility? A quasi‐natural experiment," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(3), pages 657-674, May.
  29. Liu, Tingting & Mulherin, J. Harold, 2018. "How has takeover competition changed over time?," Journal of Corporate Finance, Elsevier, vol. 49(C), pages 104-119.
  30. Chronopoulos, Dimitris K. & Johari, Edie Erman Che & Scholtens, Bert & Sobiech, Anna L. & Wilson, John O.S. & Yilmaz, Muhammed H., 2023. "Competition and bank dividends," Journal of International Money and Finance, Elsevier, vol. 137(C).
  31. Fairhurst, Douglas (DJ) & Greene, Daniel T., 2022. "Too much of a good thing? Corporate social responsibility and the takeover market," Journal of Corporate Finance, Elsevier, vol. 73(C).
  32. Ee, Mong Shan & Hasan, Iftekhar & Huang, He, 2022. "Stock liquidity and corporate labor investment11We are grateful to the editor (Heitor Almeida) and an anynmous reviewer for detailed and significant guidance and suggestions. We thank Huu Duong, Alvin," Journal of Corporate Finance, Elsevier, vol. 72(C).
  33. Iskenderoglu, Cansu, 2021. "Managerial discretion and efficiency of internal capital markets," Journal of Corporate Finance, Elsevier, vol. 70(C).
  34. Anagnostopoulou, Seraina C. & Gounopoulos, Dimitrios & Malikov, Kamran & Pham, Hang, 2021. "Earnings management by classification shifting and IPO survival," Journal of Corporate Finance, Elsevier, vol. 66(C).
  35. Alessandro Zattoni & Emmanouil Dedoulis & Stergios Leventis & Hans Van Ees, 2020. "Corporate governance and institutions—A review and research agenda," Corporate Governance: An International Review, Wiley Blackwell, vol. 28(6), pages 465-487, November.
  36. Chari, Murali D.R. & David, Parthiban & Duru, Augustine & Zhao, Yijiang, 2019. "Bowman's risk-return paradox: An agency theory perspective," Journal of Business Research, Elsevier, vol. 95(C), pages 357-375.
  37. Moritzen, Mark Raun & Schandlbauer, Alexander, 2020. "The impact of competition and time-to-finance on corporate cash holdings," Journal of Corporate Finance, Elsevier, vol. 65(C).
  38. Efstathios Magerakis & Ahsan Habib, 2022. "Environmental uncertainty and corporate cash holdings: The moderating role of CEO ability," International Review of Finance, International Review of Finance Ltd., vol. 22(3), pages 402-432, September.
  39. Singh, Amanjot, 2022. "Oil Price uncertainty and labor investment efficiency," Energy Economics, Elsevier, vol. 116(C).
  40. Nguyen, Nam H. & Phan, Hieu V. & Lee, Eunju, 2020. "Shareholder litigation rights and capital structure decisions," Journal of Corporate Finance, Elsevier, vol. 62(C).
  41. Ferris, Stephen P. & Javakhadze, David & Rajkovic, Tijana, 2017. "CEO social capital, risk-taking and corporate policies," Journal of Corporate Finance, Elsevier, vol. 47(C), pages 46-71.
  42. Chowdhury, Hasibul & Hossain, Ashrafee & Tan, Kelvin & Zheng, Jiayi, 2022. "Do external labor market incentives improve labor investment efficiency?," Journal of Behavioral and Experimental Finance, Elsevier, vol. 34(C).
  43. Ongsakul, Viput & Chatjuthamard, Pattanaporn & Jiraporn, Pornsit, 2022. "Does the market for corporate control impede or promote corporate innovation efficiency? Evidence from research quotient," Finance Research Letters, Elsevier, vol. 46(PA).
  44. Chatjuthamard, Pattanaporn & Ongsakul, Viput & Jiraporn, Pornsit, 2022. "Corporate complexity, managerial myopia, and hostile takeover exposure: Evidence from textual analysis," Journal of Behavioral and Experimental Finance, Elsevier, vol. 33(C).
  45. Rajkovic, Tijana, 2020. "Lead independent directors and investment efficiency," Journal of Corporate Finance, Elsevier, vol. 64(C).
  46. Carline, Nicholas F. & Gogineni, Sridhar, 2021. "Antitakeover provisions and investment in mergers and acquisitions: A causal reevaluation," Journal of Corporate Finance, Elsevier, vol. 69(C).
  47. Baghdadi, Ghasan A. & Nguyen, Lily H.G. & Podolski, Edward J., 2020. "Board co-option and default risk," Journal of Corporate Finance, Elsevier, vol. 64(C).
  48. Tsang, Albert & Yang, Nan & Zheng, Lingyi, 2022. "Cross-listings, antitakeover defenses, and the insulation hypothesis," Journal of Financial Economics, Elsevier, vol. 145(1), pages 259-276.
  49. Tingting Zhang & Zhengyi Zhang & Jingyu Yang, 2022. "When Does Corporate Social Responsibility Backfire in Acquisitions? Signal Incongruence and Acquirer Returns," Journal of Business Ethics, Springer, vol. 175(1), pages 45-58, January.
  50. Yuan‐Teng Hsu & Chia‐Wei Huang, 2020. "Why do stock repurchases change over time?," European Financial Management, European Financial Management Association, vol. 26(4), pages 938-957, September.
  51. Liu, Yongda & Padgett, Carol & Yin, Chao, 2022. "Internal information quality and financial policy peer effects," International Review of Financial Analysis, Elsevier, vol. 84(C).
  52. Karpoff, Jonathan M. & Schonlau, Robert & Wehrly, Eric, 2022. "Which antitakeover provisions deter takeovers?," Journal of Corporate Finance, Elsevier, vol. 75(C).
  53. Hege, Ulrich & Hutson, Elaine & Laing, Elaine, 2021. "Mandatory governance reform and corporate risk management," Journal of Corporate Finance, Elsevier, vol. 68(C).
  54. Hasan, Mostafa Monzur & Lobo, Gerald J. & Qiu, Buhui, 2021. "Organizational capital, corporate tax avoidance, and firm value," Journal of Corporate Finance, Elsevier, vol. 70(C).
  55. Mostafa Monzur Hasan & Ahsan Habib & Nurul Alam, 2021. "Asset Redeployability and Corporate Tax Avoidance," Abacus, Accounting Foundation, University of Sydney, vol. 57(2), pages 183-219, June.
  56. Hasan, Mostafa Monzur & Habib, Ahsan, 2020. "Readability of narrative disclosures, and corporate liquidity and payout policies," International Review of Financial Analysis, Elsevier, vol. 68(C).
  57. Dang, Viet A. & De Cesari, Amedeo & Phan, Hieu V., 2021. "Employment protection and share repurchases: Evidence from wrongful discharge laws," Journal of Corporate Finance, Elsevier, vol. 69(C).
  58. Rwan El‐Khatib & Dobrina Jandik & Tomas Jandik, 2021. "Network centrality, connections, and social capital: Evidence from CEO insider trading gains," The Financial Review, Eastern Finance Association, vol. 56(3), pages 433-457, August.
  59. Atif, Muhammad & Nadarajah, Sivathaasan & Richardson, Grant, 2023. "Staggered adoption of stakeholder constituency statutes and corporate cash holdings in the U.S," Economic Modelling, Elsevier, vol. 124(C).
  60. Eisenthal-Berkovitz, Yael & Feldhütter, Peter & Vig, Vikrant, 2020. "Leveraged buyouts and bond credit spreads," Journal of Financial Economics, Elsevier, vol. 135(3), pages 577-601.
  61. Borgschulte, Mark & Guenzel, Marius & Liu, Canyao & Malmendier, Ulrike, 2023. "CEO Stress, Aging, and Death," IZA Discussion Papers 16366, Institute of Labor Economics (IZA).
  62. Donelson, Dain C. & Kettell, Laura & McInnis, John & Toynbee, Sara, 2022. "The need to validate exogenous shocks: Shareholder derivative litigation, universal demand laws and firm behavior," Journal of Accounting and Economics, Elsevier, vol. 73(1).
  63. Ucar, Erdem & Staer, Arsenio, 2020. "Local corruption and corporate social responsibility," Journal of Business Research, Elsevier, vol. 116(C), pages 266-282.
  64. Guernsey, Scott & Sepe, Simone M. & Serfling, Matthew, 2022. "Blood in the water: The value of antitakeover provisions during market shocks," Journal of Financial Economics, Elsevier, vol. 143(3), pages 1070-1096.
  65. Freund, Steven & Nguyen, Hien T. & Phan, Hieu V. & Tang, Hien T., 2021. "CEO inside debt and internal capital market efficiency," Journal of Corporate Finance, Elsevier, vol. 68(C).
  66. Su, Zhiwei & Xue, Yi, 2023. "Takeover deterrence with state ownership: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 146(C).
  67. Takakorn Likitapiwat & Sirimon Treepongkaruna & Pornsit Jiraporn, 2023. "CSR variability, managerial risk aversion, and hostile takeover threats," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 30(2), pages 773-790, March.
  68. Yumei Feng & Haozhi Huang & Congcong Wang & Qian Xie, 2021. "Effects of anti‐takeover provisions on the corporate cost of debt: evidence from China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(3), pages 4119-4145, September.
  69. Treepongkaruna, Sirimon & Kyaw, Khine & Jiraporn, Pornsit, 2022. "Shareholder litigation rights and ESG controversies: A quasi-natural experiment," International Review of Financial Analysis, Elsevier, vol. 84(C).
  70. Amanjot Singh, 2023. "Economic growth and labor investment efficiency," International Review of Finance, International Review of Finance Ltd., vol. 23(4), pages 886-902, December.
  71. Rahman, Dewan & Kabir, Muhammad & Oliver, Barry, 2021. "Does exposure to product market competition influence insider trading profitability?," Journal of Corporate Finance, Elsevier, vol. 66(C).
  72. My Nguyen & Justin Hung Nguyen, 2020. "Economic policy uncertainty and firm tax avoidance," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(4), pages 3935-3978, December.
  73. Sangjun Cho & Chune Young Chung, 2022. "Review of the Literature on Merger Waves," JRFM, MDPI, vol. 15(10), pages 1-21, September.
  74. Fu, Zheng & Ma, Yechi & Li, Suyang & Qiao, Lu, 2023. "Peer performance and the asymmetric timeliness of earnings recognition," International Review of Financial Analysis, Elsevier, vol. 85(C).
  75. Dissanaike, Gishan & Drobetz, Wolfgang & Momtaz, Paul P. & Rocholl, Jörg, 2021. "The Economics of Law Enforcement: Quasi-Experimental Evidence from Corporate Takeover Law," Journal of Corporate Finance, Elsevier, vol. 67(C).
  76. Dang, Viet Anh & Lee, Edward & Liu, Yangke & Zeng, Cheng, 2022. "Bank deregulation and stock price crash risk," Journal of Corporate Finance, Elsevier, vol. 72(C).
  77. Omer Unsal & Blake Rayfield, 2020. "Correction to: Corporate governance and employee treatment: Evidence from takeover defenses," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 44(2), pages 392-416, April.
  78. Ulupinar, Bahar, 2018. "The effect of managerial entrenchment on analyst bias," Global Finance Journal, Elsevier, vol. 37(C), pages 25-38.
  79. Ghaly, Mohamed & Dang, Viet Anh & Stathopoulos, Konstantinos, 2020. "Institutional investors' horizons and corporate employment decisions," Journal of Corporate Finance, Elsevier, vol. 64(C).
  80. Hasan, Mostafa Monzur & Uddin, Mohammad Riaz, 2022. "Do intangibles matter for corporate policies? Evidence from organization capital and corporate payout choices," Journal of Banking & Finance, Elsevier, vol. 135(C).
  81. Ji, Shuangshuang & Mauer, David C. & Zhang, Yilei, 2020. "Managerial entrenchment and capital structure: The effect of diversification," Journal of Corporate Finance, Elsevier, vol. 65(C).
  82. Tao Chen & Chen Lin & Xiang Shao, 2022. "Globalization and U.S. Corporate Tax Policies: Evidence from Import Competition," Management Science, INFORMS, vol. 68(8), pages 6145-6162, August.
  83. Alharbi, Samar S. & Atawnah, Nader & Ali, Muhammad Jahangir & Eshraghi, Arman, 2023. "Gambling culture and earnings management: A novel perspective," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 520-539.
  84. Todd Mitton, 2022. "Methodological Variation in Empirical Corporate Finance," Review of Financial Studies, Society for Financial Studies, vol. 35(2), pages 527-575.
  85. Ormazabal, Gaizka & Bonetti, Pietro & Duro, Miguel, 2019. "Disclosure Regulation and Corporate Acquisitions," CEPR Discussion Papers 13458, C.E.P.R. Discussion Papers.
  86. Ongsakul, Viput & Chatjuthamard, Pattanaporn & Jiraporn, Pornsit & Chaivisuttangkun, Sirithida, 2021. "Corporate integrity and hostile takeover threats: Evidence from machine learning and “CEO luck”," Journal of Behavioral and Experimental Finance, Elsevier, vol. 32(C).
  87. Andres Christian & Jacob Martin & Ulrich Lennart, 2019. "Takeover Protection and Firm Value," Review of Law & Economics, De Gruyter, vol. 15(1), pages 1-46, March.
  88. Frattaroli, Marc, 2020. "Does protectionist anti-takeover legislation lead to managerial entrenchment?," Journal of Financial Economics, Elsevier, vol. 136(1), pages 106-136.
IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.