Takeover defenses in the era of shareholder activism
This paper examines the interplay between takeover defenses and shareholder activism. Using a comprehensive sample of shareholder activism events between 2006 and 2014, I find a differential impact of takeover defense measures on the likelihood of being targeted for activism; a dual-class structure...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2016
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| Online Access: | https://ink.library.smu.edu.sg/soa_research/1578 https://ink.library.smu.edu.sg/context/soa_research/article/2605/viewcontent/SSRN_id2842695.pdf |
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| Institution: | Singapore Management University |
| Language: | English |