Share class structure and the efficiency of corporate takeover : an experiment

• المؤلفون الرئيسيون: Tan, Alicia Yan Xiu, Chan, Sharmain, Laksmi Cahyady
• مؤلفون آخرون: Bao Te
• التنسيق: Final Year Project
• اللغة: English
• منشور في: 2019
• الموضوعات: DRNTU::Social sciences::Economic theory::Microeconomics
• الوصول للمادة أونلاين: http://hdl.handle.net/10356/76668

This research paper tests the theoretical conclusions of Grossman and Hart (1988) through a laboratory experimental approach. Six treatment variations were designed to study the efficiency of management under three dimensions: share structures (one-share-one-vote and dual-class share structure), the...