Takeovers

The past two decades have witnessed dramatic changes to the boards of directors of U.S. public corporations. Several recent governance reforms (...Read more

A large empirical literature studies the effects of U.S. states’ corporate law statutes on corporate actions and performance at the firm level....Read more

In Does Revlon Matter: An Empirical and Theoretical Study, available...Read more

Starting with the 1992 Cadbury Report, successive UK codes of best practice in corporate governance have emphasised the key role that non-...Read more

While disclosure regulation is often viewed as critical in promoting capital formation and the well-functioning of capital markets, tightening...Read more

Hostile takeovers have long been considered the quintessential disciplinary governance mechanism, but a similarly confrontational strategy has...Read more

Takeovers and especially models predicting takeovers have been of interest to academics and practitioners.  In essence, our paper studies how...Read more

The global financial crisis gave rise to competing narratives about shareholders and their engagement in corporate governance. According to one...Read more

Parties to M&A transactions now commonly purchase insurance against breaches of the reps and warranties.  In a forthcoming article, I study...Read more