Rhetoric, argument and impression management in hostile takeover defence documents
نویسندگان
چکیده
منابع مشابه
Hedge Fund Activism vs. Hostile Takeover Bids⇤
We compare hedge fund activism and hostile tender offers in a unified framework where any investor who acquires an equity stake to improve firm value faces a dual free-rider problem: Neither do dispersed shareholders sell their shares unless the price fully reflects the anticipated value improvement nor do those who retain their shares participate in the costs. We show that activism and tender ...
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ژورنال
عنوان ژورنال: The British Accounting Review
سال: 2010
ISSN: 0890-8389
DOI: 10.1016/j.bar.2010.07.008