The battle for corporate control and share class structure : an experimental approach

In this paper, we test the theoretical conclusions of Grossman and Hart (1988) using an experimental approach. They concluded that one-share-one vote promotes value-increasing takeovers and discourages value-decreasing takeovers compared to the dual class share structure. Four treatment variations w...

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Bibliographic Details
Main Authors: Hng, Eng Ngee, Hong, Foo Liang, Loke, Wee Zheng
Other Authors: Bao Te
Format: Final Year Project
Language:English
Published: 2018
Subjects:
Online Access:http://hdl.handle.net/10356/73649
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Institution: Nanyang Technological University
Language: English