Do Poison Pills Increase Firm Risk?

Do Poison Pills Increase Firm Risk?

Management scholars have argued that an active takeover market discourages risk-taking by managers and that takeover defenses serve to counter the risk-reducing pressures of an active takeover market. This study employs the Black and Scholes Option Pricing Model to determine whether or not adoption...

Full description

Saved in:
Bibliographic Details
Main Authors: TURK, Thomas, GOH, Jeremy C., YBARRA, Candace
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2008
Subjects:
Poison pill
Acquisitions
Takeover Defenses
Firm Risk
Options
Management Incentives
Corporate Finance
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/5046
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6045/viewcontent/10_22495_cocv5i3p5.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/lkcsb_research/5046
https://ink.library.smu.edu.sg/context/lkcsb_research/article/6045/viewcontent/10_22495_cocv5i3p5.pdf

Similar Items