-
1
-
-
0019610159
-
Risk reduction as a managerial motive for conglomerate mergers
-
Amihud, Yakov, and Baruch Lev, 1981, Risk reduction as a managerial motive for conglomerate mergers, Bell Journal of Economics 12, 605-617.
-
(1981)
Bell Journal of Economics
, vol.12
, pp. 605-617
-
-
Amihud, Y.1
Lev, B.2
-
3
-
-
0012654087
-
Bustup takeovers of value-destroying diversified firms
-
Berger, Philip G., and Eli Ofek, 1996, Bustup takeovers of value-destroying diversified firms, Journal of Finance, 51, 1175-1200.
-
(1996)
Journal of Finance
, vol.51
, pp. 1175-1200
-
-
Berger, P.G.1
Ofek, E.2
-
4
-
-
0001852811
-
Diversification's effect on firm value
-
Berger, Philip G., and Eli Ofek, 1995a, Diversification's effect on firm value, Journal of Financial Economics 37, 39-65.
-
(1995)
Journal of Financial Economics
, vol.37
, pp. 39-65
-
-
Berger, P.G.1
Ofek, E.2
-
6
-
-
0001856744
-
Hostile takeovers in the 1980s: The return to corporate specialization
-
Bhagat, Sanjai, Andrei Shleifer, and Robert Vishny, 1990, Hostile takeovers in the 1980s: The return to corporate specialization, Brookings Paper on Economic Activity: Microeconomics, 1-72.
-
(1990)
Brookings Paper on Economic Activity: Microeconomics
, pp. 1-72
-
-
Bhagat, S.1
Shleifer, A.2
Vishny, R.3
-
7
-
-
0000815591
-
Ownership structure and voting on antitakeover amendments
-
Brickley, James A., Ronald C. Lease, and Clifford W. Smith, 1988, Ownership structure and voting on antitakeover amendments, Journal of Financial Economics 20, 267-292.
-
(1988)
Journal of Financial Economics
, vol.20
, pp. 267-292
-
-
Brickley, J.A.1
Lease, R.C.2
Smith, C.W.3
-
8
-
-
0004130112
-
-
Belknap Press, Cambridge, Mass.
-
Chandler, Alfred D., 1977, The Visible Hand (Belknap Press, Cambridge, Mass.).
-
(1977)
The Visible Hand
-
-
Chandler, A.D.1
-
9
-
-
20444462133
-
Corporate focus and stock returns
-
Comment, Robert, and Gregg A. Jarrell, 1995, Corporate focus and stock returns, Journal of Financial Economics 37, 67-87.
-
(1995)
Journal of Financial Economics
, vol.37
, pp. 67-87
-
-
Comment, R.1
Jarrell, G.A.2
-
10
-
-
0000806744
-
Agency problems and the theory of the firm
-
Fama, Eugene F., 1980, Agency problems and the theory of the firm, Journal of Political Economy 88, 288-307.
-
(1980)
Journal of Political Economy
, vol.88
, pp. 288-307
-
-
Fama, E.F.1
-
11
-
-
0001066590
-
Asymmetric information, incentives, and intrafirm resource allocation
-
Harris, Milton, C. H. Kriebel, and Artur Raviv, 1982, Asymmetric information, incentives, and intrafirm resource allocation, Management Science 28, 604-620.
-
(1982)
Management Science
, vol.28
, pp. 604-620
-
-
Harris, M.1
Kriebel, C.H.2
Raviv, A.3
-
12
-
-
0000328264
-
The market mechanism as an incentive scheme
-
Hart, Oliver D., 1983, The market mechanism as an incentive scheme, Bell Journal of Economics 14, 366-382.
-
(1983)
Bell Journal of Economics
, vol.14
, pp. 366-382
-
-
Hart, O.D.1
-
13
-
-
0001066475
-
Agency costs of free cash flow, corporate finance, and takeovers
-
Jensen, Michael 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
-
14
-
-
84936016411
-
Performance pay and top management incentives
-
Jensen, Michael C., and Kevin J. Murphy, 1990, Performance pay and top management incentives, Journal of Political Economy 98, 225-264.
-
(1990)
Journal of Political Economy
, vol.98
, pp. 225-264
-
-
Jensen, M.C.1
Murphy, K.J.2
-
15
-
-
34447504242
-
The market for corporate control: The scientific evidence
-
Jensen, Michael C., and Richard Ruback, 1983, The market for corporate control: The scientific evidence, Journal of Financial Economics 11, 5-50.
-
(1983)
Journal of Financial Economics
, vol.11
, pp. 5-50
-
-
Jensen, M.C.1
Ruback, R.2
-
16
-
-
84977701248
-
The voluntary restructuring of large firms in response to performance declines
-
John, Kose, Larry H. P. Lang, and Jeffry Netter, 1992, The voluntary restructuring of large firms in response to performance declines, Journal of Finance 47, 891-918.
-
(1992)
Journal of Finance
, vol.47
, pp. 891-918
-
-
John, K.1
Lang, L.H.P.2
Netter, J.3
-
17
-
-
0010789921
-
Asset sales and increase in focus
-
John, Kose, and Eli Ofek, 1995, Asset sales and increase in focus, Journal of Financial Economics 37, 105-126.
-
(1995)
Journal of Financial Economics
, vol.37
, pp. 105-126
-
-
John, K.1
Ofek, E.2
-
18
-
-
84977712240
-
The success of acquisitions: Evidence from divestitures
-
Kaplan, Steven, and Michael S. Weisbach, 1992, The success of acquisitions: Evidence from divestitures, Journal of Finance 47, 107-138.
-
(1992)
Journal of Finance
, vol.47
, pp. 107-138
-
-
Kaplan, S.1
Weisbach, M.S.2
-
19
-
-
84911059380
-
Tobin's q, corporate diversification and firm performance
-
Lang, Larry H. P., and René M. Stulz, 1994, Tobin's q, corporate diversification and firm performance, Journal of Political Economy 102, 1248-1280.
-
(1994)
Journal of Political Economy
, vol.102
, pp. 1248-1280
-
-
Lang, L.H.P.1
Stulz, R.M.2
-
20
-
-
84993848595
-
A pure financial rationale for the conglomerate merger
-
Lewellen, Wilbur, 1971, A pure financial rationale for the conglomerate merger, Journal of Finance 26, 521-537.
-
(1971)
Journal of Finance
, vol.26
, pp. 521-537
-
-
Lewellen, W.1
-
21
-
-
84974198967
-
Mergers, executive risk reduction, and stockholder wealth
-
Lewellen, Wilbur G., Claudio Loderer, and Ahron Rosenfeld, 1989, Mergers, executive risk reduction, and stockholder wealth, Journal of Financial and Quantitative Analysis 24, 459-472.
-
(1989)
Journal of Financial and Quantitative Analysis
, vol.24
, pp. 459-472
-
-
Lewellen, W.G.1
Loderer, C.2
Rosenfeld, A.3
-
23
-
-
0006031723
-
Tax asymmetries and corporate income tax reform
-
Martin Feldstein, ed. (University of Chicago Press, Chicago, Ill.)
-
Maid, S., and Stewart C. Myers, 1987, Tax asymmetries and corporate income tax reform, in: Martin Feldstein, ed., Effects of Taxation on Capital Accumulation (University of Chicago Press, Chicago, Ill.).
-
(1987)
Effects of Taxation on Capital Accumulation
-
-
Maid, S.1
Myers, S.C.2
-
24
-
-
84870283553
-
Takeover motives during the conglomerate merger wave
-
Matsusaka, John G., 1993, Takeover motives during the conglomerate merger wave, Rand Journal of Economics 24, 357-379.
-
(1993)
Rand Journal of Economics
, vol.24
, pp. 357-379
-
-
Matsusaka, J.G.1
-
26
-
-
84993882034
-
Do managerial motives influence firm risk-reduction strategies?
-
May, Don O., 1995, Do managerial motives influence firm risk-reduction strategies?, Journal of Finance 50, 1291-1308.
-
(1995)
Journal of Finance
, vol.50
, pp. 1291-1308
-
-
May, D.O.1
-
27
-
-
0011088442
-
Additional evidence on equity ownership and corporate value
-
McConnell, John J., and Henri Servaes, 1990, Additional evidence on equity ownership and corporate value, Journal of Financial Economics 26, 595-612.
-
(1990)
Journal of Financial Economics
, vol.26
, pp. 595-612
-
-
McConnell, J.J.1
Servaes, H.2
-
28
-
-
31144442882
-
Equity ownership and the two faces of debt
-
McConnell, John J., and Henri Servaes, 1995, Equity ownership and the two faces of debt, Journal of Financial Economics 39, 131-157.
-
(1995)
Journal of Financial Economics
, vol.39
, pp. 131-157
-
-
McConnell, J.J.1
Servaes, H.2
-
30
-
-
33645896609
-
Management ownership and market valuation: An empirical analysis
-
Morck, Randall, Andrei Shleifer, and Robert W. Vishny, 1988, Management ownership and market valuation: An empirical analysis, Journal of Financial Economics 20, 293-315.
-
(1988)
Journal of Financial Economics
, vol.20
, pp. 293-315
-
-
Morck, R.1
Shleifer, A.2
Vishny, R.W.3
-
31
-
-
38249002901
-
Capital structure and firm response to poor performance
-
Ofek, Eli, 1993, Capital structure and firm response to poor performance, Journal of Financial Economics 34, 3-30.
-
(1993)
Journal of Financial Economics
, vol.34
, pp. 3-30
-
-
Ofek, E.1
-
32
-
-
0039056187
-
The value of diversification during the conglomerate merger wave
-
Servaes, Henri, 1996, The value of diversification during the conglomerate merger wave, Journal of Finance, 51, 1201-1225.
-
(1996)
Journal of Finance
, vol.51
, pp. 1201-1225
-
-
Servaes, H.1
-
34
-
-
45349109969
-
Managerial entrenchment: The case of manager-specific investments
-
Shleifer, Andrei, and Robert Vishny, 1989, Managerial entrenchment: The case of manager-specific investments, Journal of Financial Economics 25, 123-139.
-
(1989)
Journal of Financial Economics
, vol.25
, pp. 123-139
-
-
Shleifer, A.1
Vishny, R.2
-
35
-
-
0001862029
-
The takeover wave of the 1980s
-
Shleifer, Andrei, and Robert Vishny, 1991, The takeover wave of the 1980s, Journal of Applied Corporate Finance 4, 49-56.
-
(1991)
Journal of Applied Corporate Finance
, vol.4
, pp. 49-56
-
-
Shleifer, A.1
Vishny, R.2
-
36
-
-
84977721574
-
Liquidation values and debt capacity: A market equilibrium approach
-
Shleifer, Andrei, and Robert Vishny, 1992, Liquidation values and debt capacity: A market equilibrium approach, Journal of Finance 47, 1343-1366.
-
(1992)
Journal of Finance
, vol.47
, pp. 1343-1366
-
-
Shleifer, A.1
Vishny, R.2
-
37
-
-
45149135691
-
Managerial discretion and optimal financing policies
-
Stulz, René M., 1990, Managerial discretion and optimal financing policies, Journal of Financial Economics 26, 3-27.
-
(1990)
Journal of Financial Economics
, vol.26
, pp. 3-27
-
-
Stulz, R.M.1
-
38
-
-
0001163724
-
CEO turnover and the firm's investment decisions
-
Weisbach, Michael S., 1995, CEO turnover and the firm's investment decisions, Journal of Financial Economics 37, 159-188.
-
(1995)
Journal of Financial Economics
, vol.37
, pp. 159-188
-
-
Weisbach, M.S.1
-
39
-
-
0002424845
-
The nature and significance of conglomerate firms
-
Weston, J. Fred, 1970, The nature and significance of conglomerate firms, St. John's Law Review 44, 66-80.
-
(1970)
St. John's Law Review
, vol.44
, pp. 66-80
-
-
Weston, J.F.1
-
40
-
-
0003927497
-
-
New York University Press, New York, NY
-
Williamson, Oliver E., 1986, Economic Organization: Firms, Markets and Policy Control (New York University Press, New York, NY).
-
(1986)
Economic Organization: Firms, Markets and Policy Control
-
-
Williamson, O.E.1
|