This chapter surveys the recent empirical literature and adds to the evidence on takeover
bids for US targets, 1980–2005. The availability of machine readable transaction databases …

I review recent empirical research documenting offer premiums and bidding strategies in
corporate takeovers. The discussion ranges from optimal auction bidding to the choice of …

We investigate the relation between ownership structure and firm performance in
Continental Europe, using data from 675 publicly traded corporations in 11 countries …

With the European Parliament comprising politicians from many different countries, cultures,
languages, national parties and institutional backgrounds, one might expect politics in the …

The Company of Strangers shows us the remarkable strangeness, and fragility, of our
everyday lives. This completely revised and updated edition includes a new chapter …

A distinguishing feature of the so-called" Anglo-American" system of corporate governance
is that share ownership in public corporations is dispersed. The authors of the leading …

How do individual legislators in the European Parliament (EP) make decisions on the wide
variety of policy proposals they routinely confront? Despite a flourishing literature on the …

The theoretical literature on security-voting structure can be organized around three
questions: What impact do nonvoting shares have on takeover outcomes? How does …

This paper contributes to the research on corporate governance by predicting the effects of
European takeover regulation. In particular, we investigate whether the recent reforms of …

Dividends are not only a signal about a firm's prospects under asymmetric information, but
they can also act as a corporate governance device to align the management's interests with …