The impact of investor protection law on takeovers: The case of leveraged buyouts
This paper examines the impact of investor protection on the value creation of LBOs. We find that target shareholders’ wealth gain is higher in countries with better investor protection. The impact of investor protection on takeover premium is larger for LBO than non-LBO transactions. We also find e...
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| Main Authors: | , , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2008
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5224 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6223/viewcontent/SSRN_id1100059.pdf |
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| Institution: | Singapore Management University |
| Language: | English |
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