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Volumn 5, Issue 4, 1996, Pages 497-514

Managerial incentives for takeovers

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EID: 0030352187     PISSN: 10586407     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1430-9134.1996.00497.x     Document Type: Article
Times cited : (11)

References (20)
  • 1
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    • Caves, R., 1989, "Mergers, Takeovers, and Economic Efficiency. Foresight vs. Hindsight," International Journal of Industrial Organization, 7, 151-174.
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    • Caves, R.1
  • 4
  • 5
    • 0010159672 scopus 로고
    • The post-merger share-price performance of acquiring firms
    • Franks, J., R. Harris, and S. Titman, 1991, "The Post-Merger Share-Price Performance of Acquiring Firms," Journal of Financial Economics, 29, 81-96.
    • (1991) Journal of Financial Economics , vol.29 , pp. 81-96
    • Franks, J.1    Harris, R.2    Titman, S.3
  • 6
    • 0002430504 scopus 로고
    • Multitask principal agent analyses: Incentive contracts, asset ownership, and job design
    • Holmstrom, B. and P. Milgrom, 1991, "Multitask Principal Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design," Journal of Law, Economics & Organization, 7, 24-51.
    • (1991) Journal of Law, Economics & Organization , vol.7 , pp. 24-51
    • Holmstrom, B.1    Milgrom, P.2
  • 7
    • 70350140221 scopus 로고
    • Cartels, collusion and horizontal merger
    • R. Schmalensee and R. Willig, eds., North-Holland
    • Jacquemin, A. and M.E. Slade, 1989, "Cartels, Collusion and Horizontal Merger," in Handbook of Industrial Organization, R. Schmalensee and R. Willig, eds., North-Holland.
    • (1989) Handbook of Industrial Organization
    • Jacquemin, A.1    Slade, M.E.2
  • 8
    • 0001066475 scopus 로고
    • Agency costs of free cash flow, corporate finance and takeovers
    • Jensen, M.C., 1986, "Agency Costs of Free Cash Flow, Corporate Finance and Takeovers," American Economic Review, 76, 323-329.
    • (1986) American Economic Review , vol.76 , pp. 323-329
    • Jensen, M.C.1
  • 9
    • 84963088580 scopus 로고
    • The limits of monopolization through acquisition
    • May
    • Kamien, M.I. and I. Zang, 1991, "The Limits of Monopolization through Acquisition," Quarterly Journal of Economics, May, 465-499.
    • (1991) Quarterly Journal of Economics , pp. 465-499
    • Kamien, M.I.1    Zang, I.2
  • 11
    • 0039894002 scopus 로고
    • Managerial incentives in mergers and their effect on shareholder wealth
    • Larcker, D., 1983, "Managerial Incentives in Mergers and Their Effect on Shareholder Wealth," Midland Corporate Finance Journal, 1, 29-35.
    • (1983) Midland Corporate Finance Journal , vol.1 , pp. 29-35
    • Larcker, D.1
  • 12
    • 84977702683 scopus 로고
    • Do managerial objectives drive bad acquisitions?
    • Morck, R., A. Shleifer, and R.W. Vishny, 1990, "Do Managerial Objectives Drive Bad Acquisitions?" The Journal of Finance, 45, 31-48.
    • (1990) The Journal of Finance , vol.45 , pp. 31-48
    • Morck, R.1    Shleifer, A.2    Vishny, R.W.3
  • 15
    • 0002537125 scopus 로고
    • The hubris hypothesis of corporate takeovers
    • Roll, R., 1986, "The Hubris Hypothesis of Corporate Takeovers," Journal of Business, 59, 197-216.
    • (1986) Journal of Business , vol.59 , pp. 197-216
    • Roll, R.1
  • 16
    • 0002811350 scopus 로고
    • Multiproduct firms and market structure
    • Shaked, A. and J. Sutton, 1990, "Multiproduct Firms and Market Structure," Rand Journal of Economics, 21, 45-62.
    • (1990) Rand Journal of Economics , vol.21 , pp. 45-62
    • Shaked, A.1    Sutton, J.2
  • 19
    • 85076418693 scopus 로고
    • The strategic choice of managerial incentives
    • Sklivas, S., 1987, "The Strategic Choice of Managerial Incentives," Rand Journal of Economics, 18, 452-458.
    • (1987) Rand Journal of Economics , vol.18 , pp. 452-458
    • Sklivas, S.1
  • 20
    • 0001609937 scopus 로고
    • Delegation and the theory of the firm
    • Vickers, J., 1985, "Delegation and the Theory of the Firm," Economic Journal, 95, 138-147.
    • (1985) Economic Journal , vol.95 , pp. 138-147
    • Vickers, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.