Mergers in the electric utility industry in a deregulatory environment

Journal of Regulatory Economics

Volumn 17, Issue 1, 2000, Pages 69-85

  Leggio, Karyl B ^a   Lien, Donald ^a  

^a UNIVERSITY OF KANSAS   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0034413042     PISSN: 0922680X     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1008153321551     Document Type: Article

References (28)

1. Asquith, P. 1983. "Merger Bids, Uncertainty, and Stockholder Returns." Journal of Financial Economics 11: 51-84.
2. Berger, Phillip G., and E. Ofek. 1995. "Diversification's Effect on Firm Value." Journal of Financial Economics 37: 39-65.
3. Bradley, M. 1980. "Interfirm Tender Offers and the Market for Corporate Control." Journal of Business 53: 345-376.
4. Bradley, M., A. Desai, and E. H. Kim. 1983. "The Rationale Behind Interfirm Tender Offers: Information or Synergy?" Journal of Financial Economics 11: 183-206.
5. Brown, Stephen J., and J. B. Warner. 1985. "Using Daily Stock Returns: The Case of Event Studies." Journal of Financial Economics 14: 3-31.
6. Comment, R., and G. A. Jarrell. 1995. "Corporate Focus and Stock Returns." Journal of Financial Economics 37: 67-87.
7. Dodd, P. 1980. "Merger Proposals, Management Discretion, and Stockholder Wealth." Journal of Financial Economics (June): 105-137.
8. Eckbo, B. E. 1983. "Horizontal Mergers, Collusion, and Stockholder Wealth." Journal of Financial Economics 11: 241-274.
9. Jarrell, Gregg A., J. A. Brickley, and Jeffry M. Netter. 1988. "The Market for Corporate Control: The Empirical Evidence Since 1980." Journal of Economic Perspectives (Winter): 49-68.
10. Jarrell, Gregg A., and A. B. Poulsen. 1987. Bidder Returns. Working paper.
11. Jensen, Michael C. 1988. "Takeovers, Their Causes and Consequences." Journal of Economic Perspectives 2: 21-48.
12. Jensen, Michael C., and W. Meckling. 1976. "Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure." Journal of Financial Economics 4: 305-360.
13. Jensen, Michael C., and R. S. Ruback. 1983. "The Market for Corporate Control: The Scientific Evidence." Journal of Financial Economics 11: 5-50.
14. Kaplan, Steven N., and M. S. Weisbach. 1992. "The Success of Acquisitions: Evidence from Divestitures." Journal of Finance (March): 107-167.
15. Kennedy, P. 1996. A Guide to Econometrics. Cambridge, MA: The MIT Press.
16. Maddala, G. S. 1992. Introduction to Econometrics. New York, NY: Macmillan Publishing Company.
17. Mason, R. H., and M. B. Goudzwaard. 1976. "Performance of Conglomerate Firms: A Portfolio Approach." Journal of Finance (March): 39-48.
18. Mclaughlin, Robyn M., and H. Mehran. 1995. "Regulation and the Market for Corporate Control: Hostile Tender Offers for Electric and Gas Utilities." Journal of Regulatory Economics 8: 181-204.
19. Melicher, R. W., and D. F. Rush. 1973. "The Performance of Conglomerate Firms: Recent Risk and Return Experience." Journal of Finance (May): 381-388.
20. Mitchell, Mark L., and J. H. Mulherin. 1996. "The Impact of Industry Shocks on Takeover and Restructuring Activity." Journal of Financial Economics (June): 193-230.
21. Montgomery, Cynthia A., and B. Wernerfelt. 1988. "Diversification, Ricardian Rents, and Tobin's q." Rand Journal of Economics (Winter): 623-632.
22. Morck, R., A. Shleifer, and R. W. Vishny. 1990. "Do Managerial Objectives Drive Bad Acquisitions?" Journal of Finance (March): 31-48.
23. Norris, James E. 1990. "Utility Mergers and Acquisitions." Public Utilities Fortnightly (March 15): 36-37.
24. Pierobon, James R. 1995. "Merging for Critical Mass." Public Utilities Fortnightly (October 15): 36-37.
25. Robison, H. D., W. N. Davidson III, and J. L. Glascock. 1995. "The Formation of Public Utility Holding Companies and Their Subsequent Diversification Activity." Journal of Regulatory Economics 7: 199-214.
26. Roll, R. 1986. "The Hubris Hypothesis of Corporate Takeovers." Journal of Business (April): 197-216.
27. Sikora, Clifford S. 1996. "Engineering Exotic Blends in Utility Mergers." Mergers and Acquisitions 47-52.
28. Skrainka, A., and D. A. Burkhardt. 1992. "Diversification: Proceed With Caution." Public Utilities Fortnightly (December 15): 33-34.