A Hostile Takeover of Nature? Placing Value in Conservation Finance
نویسندگان
چکیده
منابع مشابه
Hedge Fund Activism vs. Hostile Takeover Bids⇤
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Yes. We modify the calendar-time portfolio regressions approach to measure the abnormal returns of a takeover portfolio composed exclusively of successful bidders and targets from 1963 to 1995. This technique balances the announcement-period effects against the alleged post-announcement drift that is commonly thought to accompany takeovers. By using a GARCH(1,1) error specification, we overcome...
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متن کاملThe Institutional Context of Hostile Takeover Activity: a Cross-national Test
There are sharp and persistent differences in the level of hostile takeover activity across countries. Building on institutional theory and the concept of social legitimacy, we predict that common-law (English) corporate legal traditions, policymaking stability, the extent to which stock trading is formalized, and individualism as a cultural trait increase the level of hostile takeover activity...
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ژورنال
عنوان ژورنال: Antipode
سال: 2017
ISSN: 0066-4812,1467-8330
DOI: 10.1111/anti.12335