(Ir) responsible Takeovers

D Levit, P Bond - European Corporate Governance Institute …, 2024 - papers.ssrn.com
Takeovers change corporate policies, affecting both firm value and externalities imposed on
various stakeholders. How, if at all, do shareholders, bidders and incumbents respond to …

Common Ownership and Hedge Fund Activism: An Unholy Alliance?

Z Goshen, D Levit - Available at SSRN 4835079, 2024 - papers.ssrn.com
This paper proposes a novel mechanism linking common ownership to anticompetitive
outcomes. Common owners promote shareholder-friendly governance policies in their …

Corporate Takeovers: Theory and Evidence

BE Eckbo, A Malenko, KS Thorburn - … Institute–Finance Working …, 2024 - papers.ssrn.com
In this essay, we review theories and empirical evidence describing how bidders and targets
navigate the takeover process from the decision to initiate through bid revisions and final …