Rights issues and creeping acquisitions in India

Employee Rights and Acquisitions

This paper examines the outcomes of corporate acquisitions from the perspective of stakeholdershareholder agency conflicts. Using state variation in labor rights laws, we find that acquirers with strong labor rights experience lower announcement returns. The effect can be attributed to such acquirers pursuing deals that are not in the best interest of the acquirer’s shareholders. The negative e...

Analysis of Trends in Mergers and Acquisitions in India Analysis of Trends in Mergers and Acquisitions in India

Mergers and Acquisitions: Strategic and Informational Issues

A merger is a transaction that combines two firms, leaving one surviving entity. An acquisition is the purchase of one firm by another individual or firm. Both transactions fall under the more general heading of takeovers. Takeovers can play a constructive economic role, for example by removing inefficient management or by achieving economies of scale and complementarity. On the other hand, the...

Suicide and property rights in India

☆ Genicot is grateful to the Development Research Gro warm hospitality during the writing of a first draft of thi the Canadian Institute for Advanced Research for financial assistancewas appreciated.We thank Patrick Francois, Elia comments, as well as seminar participants at Bocconi Un Population Research Center, the World Bank DECRG and I ⁎ Correspondence to: Vancouver School of Economics an ⁎...

The reversal on Gay Rights in India