메뉴 건너뛰기




Volumn 6, Issue 2, 1998, Pages 92-100

The impact of board composition and ownership on the nature and outcome of UK takeovers

Author keywords

Board composition; Managerial ownership; Takeovers

Indexed keywords


EID: 0347573288     PISSN: 09648410     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-8683.00088     Document Type: Article
Times cited : (23)

References (24)
  • 1
    • 0030492391 scopus 로고    scopus 로고
    • Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders
    • Agrawal, A. and Knoeber, C.R. (1996), Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders, Journal of Financial and Quantitative Analysis, 31, 377-397.
    • (1996) Journal of Financial and Quantitative Analysis , vol.31 , pp. 377-397
    • Agrawal, A.1    Knoeber, C.R.2
  • 2
    • 84982646947 scopus 로고
    • Takeover Markets and Corporate Board Composition: Some Further Evidence
    • Arthur, N. and Taylor, S. (1995), Takeover Markets and Corporate Board Composition: Some Further Evidence, Corporate Governance - An International Review, 3, 218-229.
    • (1995) Corporate Governance - an International Review , vol.3 , pp. 218-229
    • Arthur, N.1    Taylor, S.2
  • 3
    • 0001640123 scopus 로고
    • Tender Offers and Management Resistance
    • Baron, D.P. (1983), Tender Offers and Management Resistance, Journal of Finance, 38, 331-342.
    • (1983) Journal of Finance , vol.38 , pp. 331-342
    • Baron, D.P.1
  • 4
    • 84928461760 scopus 로고
    • The Takeover Market, Corporate Board Composition and Ownership Structure: The Case of Banking
    • Brickley, J. and James, C. (1987), The Takeover Market, Corporate Board Composition and Ownership Structure: The Case of Banking, Journal of Law and Economics, 30, 161-180.
    • (1987) Journal of Law and Economics , vol.30 , pp. 161-180
    • Brickley, J.1    James, C.2
  • 6
    • 0000106797 scopus 로고
    • Do Outside Directors Monitor Managers? Evidence from Tender Offer Bids
    • Byrd, J. and Hickman, K. (1992), Do Outside Directors Monitor Managers? Evidence from Tender Offer Bids, Journal of Financial Economics, 32, 195-221.
    • (1992) Journal of Financial Economics , vol.32 , pp. 195-221
    • Byrd, J.1    Hickman, K.2
  • 8
    • 84935941592 scopus 로고
    • The Structure of Corporate Ownership: Causes and Consequences
    • Demsetz, H. and Lehn, K. (1985), The Structure of Corporate Ownership: Causes and Consequences, Journal of Political Economy, 93, 1155-1177.
    • (1985) Journal of Political Economy , vol.93 , pp. 1155-1177
    • Demsetz, H.1    Lehn, K.2
  • 9
    • 0000240982 scopus 로고
    • Institutional Investors, Anti-takeover Defenses and Success of Hostile Takeover Bids
    • Duggal, R. and Millar, J.A. (1994), Institutional Investors, Anti-takeover Defenses and Success of Hostile Takeover Bids, Quarterly Review of Economics and Finance, 34, 387-402.
    • (1994) Quarterly Review of Economics and Finance , vol.34 , pp. 387-402
    • Duggal, R.1    Millar, J.A.2
  • 10
    • 0002886905 scopus 로고
    • Takeover Bids, the Free Rider Problem and Theory of the Firm
    • Grossman, S.J. and Hart, O.D. (1980), Takeover Bids, The Free Rider Problem and Theory of the Firm, Bell Journal of Economics, 11, 42-64.
    • (1980) Bell Journal of Economics , vol.11 , pp. 42-64
    • Grossman, S.J.1    Hart, O.D.2
  • 11
    • 0000633779 scopus 로고
    • Corporate Governance: Some Theory and Implications
    • Hart, O.D. (1995), Corporate Governance: Some Theory and Implications, Economic Journal, 105, 678-689.
    • (1995) Economic Journal , vol.105 , pp. 678-689
    • Hart, O.D.1
  • 12
    • 0041566409 scopus 로고
    • The Assessment: Corporate Governance and Corporate Control
    • Jenkinson, T. and Mayer, C. (1992), The Assessment: Corporate Governance and Corporate Control, Oxford Review of Economic Policy, 8 (3), 1-10.
    • (1992) Oxford Review of Economic Policy , vol.8 , Issue.3 , pp. 1-10
    • Jenkinson, T.1    Mayer, C.2
  • 13
    • 0002719266 scopus 로고
    • The Takeover Controversy: Analysis and Evidence
    • Jensen, M. (1986), The Takeover Controversy: Analysis and Evidence, Midland Corporate Finance Journal, 4, 6-42.
    • (1986) Midland Corporate Finance Journal , vol.4 , pp. 6-42
    • Jensen, M.1
  • 14
    • 84993848601 scopus 로고
    • The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems
    • Jensen, M. (1993), The Modern Industrial Revolution, Exit, and The Failure of Internal Control Systems, Journal of Finance, 48, 831-880.
    • (1993) Journal of Finance , vol.48 , pp. 831-880
    • Jensen, M.1
  • 15
    • 0004959536 scopus 로고    scopus 로고
    • Takeover Activity, CEO Turnover, and the Market for Corporate Control
    • Kennedy, V.A. and Limmack, R.J. (1996), Takeover Activity, CEO Turnover, and the Market for Corporate Control, Journal of Business Finance and Accounting, 23, 267-285.
    • (1996) Journal of Business Finance and Accounting , vol.23 , pp. 267-285
    • Kennedy, V.A.1    Limmack, R.J.2
  • 16
    • 0002564688 scopus 로고
    • Managers' Voting Rights and Corporate Control
    • Mikkelson, W. and Partch, M. (1989), Managers' Voting Rights and Corporate Control, Journal of Financial Economics, 25, 263-290.
    • (1989) Journal of Financial Economics , vol.25 , pp. 263-290
    • Mikkelson, W.1    Partch, M.2
  • 17
    • 0025138083 scopus 로고
    • The Staying Power of the Public Corporation
    • Rappaport, A. (1990), The Staying Power of the Public Corporation, Harvard Business Review, 1, 96-104.
    • (1990) Harvard Business Review , vol.1 , pp. 96-104
    • Rappaport, A.1
  • 19
    • 0001026456 scopus 로고    scopus 로고
    • A Survey of Corporate Governance
    • Schleifer, A. and Vishny, R.W. (1997), A Survey of Corporate Governance, Journal of Finance, 52, 737-783.
    • (1997) Journal of Finance , vol.52 , pp. 737-783
    • Schleifer, A.1    Vishny, R.W.2
  • 20
    • 0001475438 scopus 로고
    • Board Composition, Ownership Structure and Hostile Takeovers
    • Shivdasani, A. (1993), Board Composition, Ownership Structure and Hostile Takeovers, Journal of Accounting and Economics, 16,167-198.
    • (1993) Journal of Accounting and Economics , vol.16 , pp. 167-198
    • Shivdasani, A.1
  • 21
    • 0005678699 scopus 로고    scopus 로고
    • Institutional Shareholders and Corporate Governance
    • K. Keasey and M. Wright (eds), John Wiley, Chichester
    • Short, H. and Keasey, K. (1997), Institutional Shareholders and Corporate Governance, in Corporate Governance: Responsibilities, Risks and Remuneration, K. Keasey and M. Wright (eds), John Wiley, Chichester.
    • (1997) Corporate Governance: Responsibilities, Risks and Remuneration
    • Short, H.1    Keasey, K.2
  • 22
    • 84972065982 scopus 로고
    • The Impact of Managerial Ownership on Acquisition Attempts and Target Shareholder Wealth
    • Song, M.H. and Walkling, R. (1993), The Impact of Managerial Ownership on Acquisition Attempts and Target Shareholder Wealth, Journal of Financial and Quantitative Analysis, 28, 439-457.
    • (1993) Journal of Financial and Quantitative Analysis , vol.28 , pp. 439-457
    • Song, M.H.1    Walkling, R.2
  • 23
    • 84934564015 scopus 로고
    • Takeover Threats and Managerial Myopia
    • Stein, J.C. (1988), Takeover Threats and Managerial Myopia, Journal of Political Economy, 96, 61-80.
    • (1988) Journal of Political Economy , vol.96 , pp. 61-80
    • Stein, J.C.1
  • 24
    • 84989026655 scopus 로고
    • Mergers, Acquisitions, and the Pruning of Managerial Deadwood
    • Walsh, J.P. and Ellwood, J.W. (1991), Mergers, Acquisitions, and the Pruning of Managerial Deadwood, Strategic Management Journal, 12, 201-217.
    • (1991) Strategic Management Journal , vol.12 , pp. 201-217
    • Walsh, J.P.1    Ellwood, J.W.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.