Poison or Placebo? Evidence on the Deterrent and Wealth Effects of Modern Antitakeover Measures
收藏NBER1993-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4316
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资源简介：
This paper provides large-sample evidence that poison pill rights issues, control share statutes, and business combination statutes do not deter takeovers and are unlikely to have caused the demise of the 1980s market for corporate control, even though 87% of all exchange-listed firms are now
提供机构：
美国国家经济研究局
创建时间：
1993-04-01
