메뉴 건너뛰기




Volumn 59, Issue 1, 2004, Pages 31-63

Price Pressure around Mergers

Author keywords

[No Author keywords available]

Indexed keywords


EID: 1642357960     PISSN: 00221082     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1540-6261.2004.00626.x     Document Type: Review
Times cited : (214)

References (33)
  • 2
    • 84977702782 scopus 로고
    • Dutch auction repurchases: An analysis of shareholder heterogeneity
    • Bagwell, Laurie Simon, 1992, Dutch auction repurchases: An analysis of shareholder heterogeneity, Journal of Finance 47, 71-105.
    • (1992) Journal of Finance , vol.47 , pp. 71-105
    • Bagwell, L.S.1
  • 3
    • 0036235309 scopus 로고    scopus 로고
    • Limited arbitrage in mergers and acquisitions
    • Baker, Malcolm, and Serkan Savasoglu, 2002, Limited arbitrage in mergers and acquisitions, Journal of Financial Economics 64, 91-115.
    • (2002) Journal of Financial Economics , vol.64 , pp. 91-115
    • Baker, M.1    Savasoglu, S.2
  • 4
    • 84942541420 scopus 로고    scopus 로고
    • Evidence on the limits of arbitrage: Short sales, price pressure, and the stock price response to convertible calls
    • Copenhagen Business School
    • Bechmann, Ken, 2001, Evidence on the limits of arbitrage: Short sales, price pressure, and the stock price response to convertible calls, Working paper, Copenhagen Business School.
    • (2001) Working Paper
    • Bechmann, K.1
  • 5
    • 0000403214 scopus 로고    scopus 로고
    • An anatomy of the S&P game: The effects of changing the rules
    • Beneish, Messod, and Robert Whaley, 1996, An anatomy of the S&P game: The effects of changing the rules, Journal of Finance 51, 1909-1930.
    • (1996) Journal of Finance , vol.51 , pp. 1909-1930
    • Beneish, M.1    Whaley, R.2
  • 6
    • 1442326460 scopus 로고    scopus 로고
    • On replicating the S&P index
    • The Wharton School
    • Blume, Marshall, and Roger Edelen, 2002, On replicating the S&P index, Working paper, The Wharton School.
    • (2002) Working Paper
    • Blume, M.1    Edelen, R.2
  • 7
    • 0042217315 scopus 로고    scopus 로고
    • Investor recognition and market segmentation: Evidence from S&P 500 index changes
    • Virginia Tech.
    • Chen, Honghui, Gregory Noronha, and Vijay Singal, 2002, Investor recognition and market segmentation: Evidence from S&P 500 index changes, Working paper, Virginia Tech.
    • (2002) Working Paper
    • Chen, H.1    Noronha, G.2    Singal, V.3
  • 8
    • 0001909759 scopus 로고
    • Changes in the Standard and Poor's 500 list
    • Dhillon, Upinder, and Herb Johnson, 1991, Changes in the Standard and Poor's 500 list, Journal of Business 64, 75-85.
    • (1991) Journal of Business , vol.64 , pp. 75-85
    • Dhillon, U.1    Johnson, H.2
  • 9
    • 0012895611 scopus 로고    scopus 로고
    • Is a convertible bond call really bad news?
    • Ederington, Louis H., and Jeremy C. Goh, 2001, Is a convertible bond call really bad news? Journal of Business 74, 459-476.
    • (2001) Journal of Business , vol.74 , pp. 459-476
    • Ederington, L.H.1    Goh, J.C.2
  • 10
    • 84977720296 scopus 로고
    • Preemptive bidding and the role of the medium of exchange in acquisitions
    • Fishman, Michael, 1989, Preemptive bidding and the role of the medium of exchange in acquisitions, Journal of Finance 44, 41-57.
    • (1989) Journal of Finance , vol.44 , pp. 41-57
    • Fishman, M.1
  • 11
    • 0039403114 scopus 로고    scopus 로고
    • Why do stock prices fall by less than the value of the dividend? Evidence from a country without taxes
    • Frank, Murray, and Ravi Jagannathan, 1998, Why do stock prices fall by less than the value of the dividend? Evidence from a country without taxes, Journal of Financial Economics 47, 161-188.
    • (1998) Journal of Financial Economics , vol.47 , pp. 161-188
    • Frank, M.1    Jagannathan, R.2
  • 12
    • 1642334428 scopus 로고    scopus 로고
    • Why some firms use collar offers in mergers
    • Fuller, Kathleen, 2003, Why some firms use collar offers in mergers, Financial Review 38, 127-150.
    • (2003) Financial Review , vol.38 , pp. 127-150
    • Fuller, K.1
  • 13
    • 0042671261 scopus 로고    scopus 로고
    • What do returns to acquiring firms tell us: Evidence from firms that make many acquisitions
    • Fuller, Kathleen, Jeffry Netter, and Mike Stegemoller, 2002, What do returns to acquiring firms tell us: Evidence from firms that make many acquisitions, Journal of Finance 57, 1763-1793.
    • (2002) Journal of Finance , vol.57 , pp. 1763-1793
    • Fuller, K.1    Netter, J.2    Stegemoller, M.3
  • 14
    • 0003036811 scopus 로고
    • A theory of the choice of exchange medium in mergers and acquisitions
    • Hansen, Robert, 1987, A theory of the choice of exchange medium in mergers and acquisitions, Journal of Business 60, 75-95.
    • (1987) Journal of Business , vol.60 , pp. 75-95
    • Hansen, R.1
  • 15
    • 84886231184 scopus 로고
    • Price and volume effects associated with changes in the S&P 500: New evidence for the existence of price pressures
    • Harris, Lawrence, and Eitan Gurel, 1986, Price and volume effects associated with changes in the S&P 500: New evidence for the existence of price pressures, Journal of Finance 41, 815-829.
    • (1986) Journal of Finance , vol.41 , pp. 815-829
    • Harris, L.1    Gurel, E.2
  • 16
    • 0001955097 scopus 로고
    • Large-block transactions: The speed of response, and temporary and permanent stock-price effects
    • Holthausen, Robert, Richard Leftwich, and David Mayers, 1990, Large-block transactions: The speed of response, and temporary and permanent stock-price effects, Journal of Financial Economics 26, 71-95.
    • (1990) Journal of Financial Economics , vol.26 , pp. 71-95
    • Holthausen, R.1    Leftwich, R.2    Mayers, D.3
  • 17
    • 0038873606 scopus 로고    scopus 로고
    • Equity issuance and adverse selection: A direct test using conditional stock offers
    • Houston, Joel, and Michael Ryngaert, 1997, Equity issuance and adverse selection: A direct test using conditional stock offers, Journal of Finance 52, 197-219.
    • (1997) Journal of Finance , vol.52 , pp. 197-219
    • Houston, J.1    Ryngaert, M.2
  • 18
    • 0001066475 scopus 로고
    • Agency costs of free cash flow, corporate finance and takeovers
    • Jensen, Michael, 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.1
  • 19
    • 0000177414 scopus 로고    scopus 로고
    • New evidence on stock price effects associated with changes in the S&P 500 index
    • Lynch, Anthony, and Richard Mendenhall, 1997, New evidence on stock price effects associated with changes in the S&P 500 index, Journal of Business 70, 351-383.
    • (1997) Journal of Business , vol.70 , pp. 351-383
    • Lynch, A.1    Mendenhall, R.2
  • 20
    • 0141529515 scopus 로고    scopus 로고
    • The Russell reconstitution effect
    • ITG, Inc.
    • Madhavan, Ananth, 2001, The Russell reconstitution effect, Working paper, ITG, Inc.
    • (2001) Working Paper
    • Madhavan, A.1
  • 21
    • 21144477783 scopus 로고
    • The effect of splitting on the ex: A microstructure reconciliation
    • Maloney, Michael, and J. Harold Mulherin, 1992, The effect of splitting on the ex: A microstructure reconciliation, Financial Management 21, 44-59.
    • (1992) Financial Management , vol.21 , pp. 44-59
    • Maloney, M.1    Mulherin, J.H.2
  • 22
    • 0000632966 scopus 로고
    • Stock price effects and costs of secondary distributions
    • Mikkelson, Wayne, and Megan Partch, 1985, Stock price effects and costs of secondary distributions, Journal of Financial Economics 14, 165-194.
    • (1985) Journal of Financial Economics , vol.14 , pp. 165-194
    • Mikkelson, W.1    Partch, M.2
  • 23
    • 0006968004 scopus 로고    scopus 로고
    • Characteristics of risk and return in risk arbitrage
    • Mitchell, Mark, and Todd Pulvino, 2001, Characteristics of risk and return in risk arbitrage, Journal of Finance 56, 2135-2176.
    • (2001) Journal of Finance , vol.56 , pp. 2135-2176
    • Mitchell, M.1    Pulvino, T.2
  • 25
    • 0042121043 scopus 로고
    • Corporate financing and investing decisions when firms have information that investors do not have
    • Myers, Stewart, and Nicholas Majluf, 1984, Corporate financing and investing decisions when firms have information that investors do not have, Journal of Financial Economics 87, 355-374.
    • (1984) Journal of Financial Economics , vol.87 , pp. 355-374
    • Myers, S.1    Majluf, N.2
  • 26
    • 4243619536 scopus 로고    scopus 로고
    • Collars and renegotiation in mergers and acquisitions
    • USC
    • Officer, Micah, 2003, Collars and renegotiation in mergers and acquisitions, Working paper, USC.
    • (2003) Working Paper
    • Officer, M.1
  • 27
    • 0001531652 scopus 로고
    • The market for corporate securities: Substitution versus price pressure and the effects of information on share price
    • Scholes, Myron, 1972, The market for corporate securities: Substitution versus price pressure and the effects of information on share price, Journal of Business 45, 179-211.
    • (1972) Journal of Business , vol.45 , pp. 179-211
    • Scholes, M.1
  • 28
    • 0000183976 scopus 로고
    • Do demand curves for stocks slope down?
    • Shleifer, Andrei, 1986, Do demand curves for stocks slope down? Journal of Finance 41, 579-590.
    • (1986) Journal of Finance , vol.41 , pp. 579-590
    • Shleifer, A.1
  • 30
  • 32
    • 84977717653 scopus 로고
    • Corporate takeover bids, method of payment, and bidding firms' stock returns
    • Travlos, Nickolaos, 1987, Corporate takeover bids, method of payment, and bidding firms' stock returns, Journal of Finance 42, 943-963.
    • (1987) Journal of Finance , vol.42 , pp. 943-963
    • Travlos, N.1
  • 33
    • 0037775381 scopus 로고    scopus 로고
    • Does arbitrage flatten demand curves for stocks?
    • Wurgler, Jeffrey, and Katia Zhuravskaya, 2002, Does arbitrage flatten demand curves for stocks? Journal of Business 75, 583-608.
    • (2002) Journal of Business , vol.75 , pp. 583-608
    • Wurgler, J.1    Zhuravskaya, K.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.