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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Main Authors: | , , |
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Other Authors: | |
Format: | Final Year Project |
Language: | English |
Published: |
2018
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Subjects: | |
Online Access: | http://hdl.handle.net/10356/73649 |
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Institution: | Nanyang Technological University |
Language: | English |