Nothing Special   »   [go: up one dir, main page]
create a website
Why Do Private Acquirers Pay So Little Compared to Public Acquirers?. (2007). Stulz, René ; Schlingemann, Frederik ; Zutter, Chad ; Bargeron, Leonce.
In: NBER Working Papers.
RePEc:nbr:nberwo:13061.

Full description at Econpapers || Download paper

Cited: 9

Citations received by this document

Cites: 19

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. The Consequence of Takeover Methods: Schemes of Arrangement vs. Takeover Offers. (2022). Li, Daniel ; Alqobali, Hala.
    In: IJFS.
    RePEc:gam:jijfss:v:10:y:2022:i:3:p:69-:d:889685.

    Full description at Econpapers || Download paper

  2. .

    Full description at Econpapers || Download paper

  3. Paying for cross-border acquisitions: The impact of prior acquirers’ decisions. (2013). Zhu, Pengcheng ; Malhotra, Shavin .
    In: Journal of World Business.
    RePEc:eee:worbus:v:48:y:2013:i:2:p:271-281.

    Full description at Econpapers || Download paper

  4. Merger negotiations with stock market feedback. (2011). Thorburn, Karin ; Eckbo, B. ; Betton, Sandra ; Thompson, Rex.
    In: Discussion Papers.
    RePEc:hhs:nhhfms:2011_008.

    Full description at Econpapers || Download paper

  5. The impact of the options backdating scandal on shareholders. (2009). Bernile, Gennaro ; Jarrell, Gregg A..
    In: Journal of Accounting and Economics.
    RePEc:eee:jaecon:v:47:y:2009:i:1-2:p:2-26.

    Full description at Econpapers || Download paper

  6. Bidding strategies and takeover premiums: A review. (2009). Eckbo, B..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:15:y:2009:i:1:p:149-178.

    Full description at Econpapers || Download paper

  7. Managerial Incentives and Value Creation: Evidence from Private Equity. (2008). Oyer, Paul ; Leslie, Phillip.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14331.

    Full description at Econpapers || Download paper

  8. Leveraged Buyouts and Private Equity. (2008). Stromberg, Per ; Kaplan, Steven ; STRMBERG, PER .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14207.

    Full description at Econpapers || Download paper

  9. Consumer Surplus as the Appropriate Standard for Antitrust Enforcement. (2007). Pittman, Russell.
    In: EAG Discussions Papers.
    RePEc:doj:eagpap:200709.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Aiken, L.S., West, S.G., 1991. Multiple regression: testing and interpreting interactions. Newbury Park, CA: Sage Publications.
    Paper not yet in RePEc: Add citation now

  2. Amihud, Y., 2002. Illiquidity and stock returns: Cross-section and time-series effects. Journal of Financial Markets 5, 3 1-56.

  3. Bebchuck, L.A, Grinstein, Y., 2007. Firm expansion and CEO pay. Harvard Law School Working Paper 53, Harvard University, Cambridge, MA.

  4. Berle, A.A. Jr., Means, G.C., 1932. The modern corporation and private property. MacMillan, New York.
    Paper not yet in RePEc: Add citation now

  5. Betton, S., Eckbo B., 2000. Toeholds, bid jumps, and expected payoffs in takeovers. Review of Financial Studies 13, 841-882.

  6. Brown, S., Warner J., 1985. Using daily stock returns, the case of event studies, Journal of Financial Economics, 14, 3-31.

  7. Burch, T. R., 2001. Locking out rival bidders: The use of lockup options in corporate mergers.

  8. Harford, J., Li, K., 2007. Decoupling CEO wealth and firm performance: The case of acquiring CEOs. Journal of Finance 62. 917-950.

  9. Hartzell, J. C., E. Ofek, and D. Yermack, 2004. Whats in it for me? CEOs whose firms are acquired. Review of Financial Studies 17, 37-61.

  10. Huang, Y., Walkling, R., 1987. Target abnormal returns associated with acquisition announcements: Payment, acquisition form, and managerial resistance. Journal of Financial Economics 19, 329-349.
    Paper not yet in RePEc: Add citation now

  11. Journal of Finance 44, 771-787. Moeller, S., Schlingemann, F., Stulz, R., 2004. Firm size and the gains from acquisitions. Journal of Financial Economics 73, 20 1-228.

  12. Journal of Financial Economics 24, 2 17-254. 24 Lang, L.H.P., Stulz, R.M., Wailding, R.A., 1989. Managerial performance, Tobins Q, and the gains from successful tender offers. Journal of Financial Economics 24, 137-154.

  13. Journal of Financial Economics 60, 103-141. DeAngelo, H., DeAngelo, L., Rice, E. M., 1984. Going private: Minority freezeouts and stockholder wealth. Journal of Law and Economics 27(2), 367-402.

  14. Kaplan, 5., 1989. The effects of management buyouts on operating performance and value.

  15. Lehn, K., Poulsen, A., 1989. Free cash flow and stockholder gains in going private transactions.

  16. Officer, M., 2003. Termination fees in mergers and acquisitions. Journal of Financial Economics 69, 43 1-467.

  17. Schlingemann, F.P., Stulz, R.M., Walkling, R.A., 2002. Divestitures and the liquidity of the market for corporate assets. Journal of Financial Economics 64, 117-144.

  18. Schwert, G., 1996. Markup pricing in mergers and acquisitions. Journal of Financial Economics 41, 153-192.

  19. Stulz, R., 1988. Managerial control of voting rights: Financing policies and the market for corporate control. Journal of Financial Economics 20, 25-54.

Cocites

Documents in RePEc which have cited the same bibliography

  1. A fractional Hawkes process for illiquidity modeling. (2023). Hainaut, Donatien ; Dupret, Jean-Loup.
    In: LIDAM Discussion Papers ISBA.
    RePEc:aiz:louvad:2023001.

    Full description at Econpapers || Download paper

  2. Dynamic Networks in Large Financial and Economic Systems. (2020). Baruník, Jozef ; Ellington, Michael.
    In: Papers.
    RePEc:arx:papers:2007.07842.

    Full description at Econpapers || Download paper

  3. Deep Recurrent Factor Model: Interpretable Non-Linear and Time-Varying Multi-Factor Model. (2019). Izumi, Kiyoshi ; Abe, Masaya ; Ito, Tomoki ; Nakagawa, Kei.
    In: Papers.
    RePEc:arx:papers:1901.11493.

    Full description at Econpapers || Download paper

  4. Interdependence between Monetary Policy and Stock Liquidity: A Panel VAR Approach. (2018). Debata, Byomakesh ; Mahakud, Jitendra.
    In: Margin: The Journal of Applied Economic Research.
    RePEc:sae:mareco:v:12:y:2018:i:4:p:387-413.

    Full description at Econpapers || Download paper

  5. Firm Size and Stock Returns: A Meta-Analysis. (2017). Novak, Jiri ; Havranek, Tomas ; Astakhov, Anton .
    In: Working Papers IES.
    RePEc:fau:wpaper:wp2017_14.

    Full description at Econpapers || Download paper

  6. Stock Market Liquidity in Chile. (2016). Brandao-Marques, Luis.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2016/223.

    Full description at Econpapers || Download paper

  7. Liquidity effects and FFA returns in the international shipping derivatives market. (2015). VISVIKIS, ILIAS ; Tsouknidis, Dimitris ; Alizadeh, Amir H. ; Kappou, Konstantina .
    In: Transportation Research Part E: Logistics and Transportation Review.
    RePEc:eee:transe:v:76:y:2015:i:c:p:58-75.

    Full description at Econpapers || Download paper

  8. Opinion divergence, unexpected trading volume and stock returns: Evidence from China. (2015). Zhu, Hongquan ; Qin, LU ; Chen, Lin.
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:36:y:2015:i:c:p:119-127.

    Full description at Econpapers || Download paper

  9. Does stock market liquidity explain real economic activity? New evidence from two large European stock markets. (2015). ARTIKIS, PANAGIOTIS ; Apergis, Nicholas ; Kyriazis, Dimitrios .
    In: Journal of International Financial Markets, Institutions and Money.
    RePEc:eee:intfin:v:38:y:2015:i:c:p:42-64.

    Full description at Econpapers || Download paper

  10. Adverse selection and the presence of informed trading. (2015). Chang, Sanders ; Wang, Albert F.
    In: Journal of Empirical Finance.
    RePEc:eee:empfin:v:33:y:2015:i:c:p:19-33.

    Full description at Econpapers || Download paper

  11. First to “Read” the News: News Analytics and Institutional Trading. (2015). von Beschwitz, Bastian ; Massa, Massimo ; Keim, Donald B.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:10534.

    Full description at Econpapers || Download paper

  12. Rumors and Runs in Opaque Markets: Evidence from the Panic of 1907. (2015). Gehrig, Thomas ; Fohlin, Caroline ; Haas, Marlene .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:10497.

    Full description at Econpapers || Download paper

  13. Subcontracting in International Asset Management: New Evidence on Market Integration. (2015). Schumacher, David ; Massa, Massimo.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:10465.

    Full description at Econpapers || Download paper

  14. Foreign Institutional Investors and Stock Market Liquidity in China: State Ownership, Trading Activity and Information Asymmetry. (2013). Suardi, Sandy ; Nilsson, Birger ; Ding, Mingfa .
    In: Working Papers.
    RePEc:hhs:lunewp:2013_010.

    Full description at Econpapers || Download paper

  15. Complete subset regressions. (2013). Elliott, Graham ; Timmermann, Allan ; Gargano, Antonio .
    In: Journal of Econometrics.
    RePEc:eee:econom:v:177:y:2013:i:2:p:357-373.

    Full description at Econpapers || Download paper

  16. An empirical analysis of corporate insiders trading performance. (2012). Wang, Xuewu ; Rajan, Murli ; Lei, Qin .
    In: China Finance Review International.
    RePEc:eme:cfripp:v:2:y:2012:i:3:p:246-264.

    Full description at Econpapers || Download paper

  17. Flight to liquidity due to heterogeneity in investment horizon. (2012). Lei, Qin ; Wang, Xuewu.
    In: China Finance Review International.
    RePEc:eme:cfripp:v:2:y:2012:i:2:p:316-350.

    Full description at Econpapers || Download paper

  18. Does attention affect individual investors investment return?. (2012). Huang, Jing ; Xu, Zhi ; Chen, Zhengrong ; Shi, Rongsheng .
    In: China Finance Review International.
    RePEc:eme:cfripp:v:2:y:2012:i:2:p:143-162.

    Full description at Econpapers || Download paper

  19. Primary market characteristics and secondary market frictions of stocks. (2012). Çolak, Gönül, ; Boehme, Rodney .
    In: Journal of Financial Markets.
    RePEc:eee:finmar:v:15:y:2012:i:2:p:286-327.

    Full description at Econpapers || Download paper

  20. What does Monetary Policy do to Long‐term Interest Rates at the Zero Lower Bound?. (2012). Wright, Jonathan H..
    In: Economic Journal.
    RePEc:ecj:econjl:v:122:y:2012:i:564:p:f447-f466.

    Full description at Econpapers || Download paper

  21. Market liquidity and stock size premia in emerging financial markets: The implications for foreign investment. (2010). Hearn, Bruce ; Strange, Roger ; Piesse, Jenifer.
    In: International Business Review.
    RePEc:eee:iburev:v:19:y:2010:i:5:p:489-501.

    Full description at Econpapers || Download paper

  22. The diminishing liquidity premium. (2008). Wohl, Avi ; Kadan, Ohad ; Ben-Rephael, Azi .
    In: CFS Working Paper Series.
    RePEc:zbw:cfswop:200852.

    Full description at Econpapers || Download paper

  23. MARKET RISK DYNAMICS AND COMPETITIVENESS AFTER THE EURO: Evidence from EMU Members. (2008). Tamazian, Artur ; Chousa, Juan Pieiro ; Melikyan, Davit N..
    In: William Davidson Institute Working Papers Series.
    RePEc:wdi:papers:2008-916.

    Full description at Econpapers || Download paper

  24. Hedge Fund Contagion and Liquidity. (2008). Stulz, René ; Stahel, Christof W. ; Boyson, Nicole M..
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14068.

    Full description at Econpapers || Download paper

  25. Market Liquidity, Asset Prices and Welfare. (2008). Huang, Jennifer ; Wang, Jiang.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14058.

    Full description at Econpapers || Download paper

  26. Testing Conditional Asset Pricing Models: An Emerging Market Perspective. (2008). Iqbal, Javed ; Galagedera, Don ; Brooks, Robert.
    In: Monash Econometrics and Business Statistics Working Papers.
    RePEc:msh:ebswps:2008-3.

    Full description at Econpapers || Download paper

  27. Emerging market liquidity and crises. (2007). Van Horen, Neeltje ; Schmukler, Sergio ; Levy Yeyati, Eduardo.
    In: Policy Research Working Paper Series.
    RePEc:wbk:wbrwps:4445.

    Full description at Econpapers || Download paper

  28. Portfolio choice and the effects of liquidity. (2007). Gonzalez, Ana ; Rubio, Gonzalo.
    In: Economics Working Papers.
    RePEc:upf:upfgen:1035.

    Full description at Econpapers || Download paper

  29. Why Do Private Acquirers Pay So Little Compared to Public Acquirers?. (2007). Stulz, René ; Schlingemann, Frederik ; Zutter, Chad ; Bargeron, Leonce.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:13061.

    Full description at Econpapers || Download paper

  30. Pricing Implications of Shared Variance in Liquidity Measures. (2007). Skjeltorp, Johannes ; Næs, Randi ; Chollete, Loran ; Nas, Randi .
    In: Discussion Papers.
    RePEc:hhs:nhhfms:2006_009.

    Full description at Econpapers || Download paper

  31. Information, Trading Volume, and International Stock Return Comovements: Evidence from Cross-Listed Stocks. (2007). Karolyi, G. ; Gagnon, Louis .
    In: Working Paper Series.
    RePEc:ecl:ohidic:2006-11.

    Full description at Econpapers || Download paper

  32. Caught On Tape: Institutional Trading, Stock Returns, and Earnings Announcements. (2007). Ramadorai, Tarun ; Campbell, John ; Schwartz, Allie .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:6390.

    Full description at Econpapers || Download paper

  33. Asset Prices and asset Correlations in Illiquid Markets. (2006). Brunetti, Celso.
    In: Computing in Economics and Finance 2006.
    RePEc:sce:scecfa:331.

    Full description at Econpapers || Download paper

  34. Visible and hidden risk factors for banks. (2006). Stiroh, Kevin ; Schuermann, Til.
    In: Staff Reports.
    RePEc:fip:fednsr:252.

    Full description at Econpapers || Download paper

  35. R2 and Price Inefficiency. (2006). Xiong, Wei ; Hou, Kewei ; Peng, Lin .
    In: Working Paper Series.
    RePEc:ecl:ohidic:2006-23.

    Full description at Econpapers || Download paper

  36. Liquidity and Expected Returns: Lessons from Emerging Markets. (2006). Lundblad, Christian ; Harvey, Campbell ; Bekaert, Geert.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:5946.

    Full description at Econpapers || Download paper

  37. Cross-Border Trading as a Mechanism for Implicit Capital Flight: ADRs and the Argentine Crisis. (2005). Tesar, Linda ; Dominguez, Kathryn ; Auguste, Sebastian ; Kamil, Herman ; Kathryn M. E. Dominguez, .
    In: Working Papers.
    RePEc:mie:wpaper:533.

    Full description at Econpapers || Download paper

  38. Paying for Market Quality. (2005). Anand, Amber ; Weaver, Daniel G. ; Tanggaard, Carsten .
    In: Finance Research Group Working Papers.
    RePEc:hhb:aarbfi:2006-06.

    Full description at Econpapers || Download paper

  39. The joint dynamics of liquidity, returns, and volatility across small and large firms. (2005). Subrahmanyam, Avanidhar ; Chordia, Tarun .
    In: Staff Reports.
    RePEc:fip:fednsr:207.

    Full description at Econpapers || Download paper

  40. Liquidity, default, taxes and yields on municipal bonds. (2005). Wu, Chunchi ; Wang, Junbo ; Zhang, Frank.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2005-35.

    Full description at Econpapers || Download paper

  41. The World Price of Liquidity Risk. (2005). Lee, Kuan-Hui .
    In: Working Paper Series.
    RePEc:ecl:ohidic:2006-10.

    Full description at Econpapers || Download paper

  42. Disclosure and liquidity. (2005). Trombetta, Marco ; Espinosa, Monica ; Tapia, Mikel.
    In: DEE - Working Papers. Business Economics. WB.
    RePEc:cte:wbrepe:wb050202.

    Full description at Econpapers || Download paper

  43. Hypothesis Testing in Predictive Regressions. (2004). Hurvich, Clifford ; Amihud, Yakov ; Wang, YI.
    In: Finance.
    RePEc:wpa:wuwpfi:0412022.

    Full description at Econpapers || Download paper

  44. Predictive Regressions: A Reduced-Bias Estimation Method. (2004). Hurvich, Clifford ; Amihud, Yakov.
    In: Econometrics.
    RePEc:wpa:wuwpem:0412008.

    Full description at Econpapers || Download paper

  45. Explaining the Magnitude of Liquidity Premia: The Roles of Return Predictability, Wealth Shocks and State-Dependent Transaction Costs. (2004). Lynch, Anthony W. ; Tan, Sinan .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:10994.

    Full description at Econpapers || Download paper

  46. Flight to Quality, Flight to Liquidity, and the Pricing of Risk. (2004). Vayanos, Dimitri.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:10327.

    Full description at Econpapers || Download paper

  47. Multi-market Trading and Arbitrage. (2004). Karolyi, G. ; Gagnon, Louis .
    In: Working Paper Series.
    RePEc:ecl:ohidic:2004-9.

    Full description at Econpapers || Download paper

  48. From Pink Slips to Pink Sheets: Liquidity and Shareholder Wealth Consequences of Nasdaq Delistings. (2004). Harris, Jeffrey ; Werner, Ingrid ; Panchapagesan, Venkatesh ; Angel, James J..
    In: Working Paper Series.
    RePEc:ecl:ohidic:2004-22.

    Full description at Econpapers || Download paper

  49. Asset Pricing with Liquidity Risk. (2003). Pedersen, Lasse ; Acharya, Viral.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:3749.

    Full description at Econpapers || Download paper

  50. On Portfolio Choice, Liquidity, and Short Selling: A Nonparametric Investigation. (2003). Ghysels, Eric ; Pereira, Joo.
    In: CIRANO Working Papers.
    RePEc:cir:cirwor:2003s-27.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2024-11-24 16:08:54 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.