Asking the Right Question: The Statutory Right of Appraisal and Efficient Markets
In appraisal cases, shareholders have the right to have a judge determine the “fair value” of their shares. These cases bring econo
In appraisal cases, shareholders have the right to have a judge determine the “fair value” of their shares. These cases bring econo
The growing influence of activists in today’s corporate landscape has prompted financial economists to investigate the drivers of shareho
Unlike the case of cross-border trade, there is no explicit international governance regime for cross-border M&A; rather, there is a
We study if a CEO’s equity-based compensation affects the expected value generation in takeovers.