Listagem FGV EPGE - Seminários de Pesquisa Econômica por Assunto "Sociedades comerciais - Finanças"
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Managerial turnover and leverage under a takeover threat
2000-08-31How do shareholders perceive managers who lever up under a takeover threat? Increasing leverage conveys good news if it reflects management's ability to enhance value. It conveys bad news, though, if inefficient managers ... -
The sources of spinoff equity gains: takeover premiums or operating gains
1996-05-16Although the existence of spinoff equity gains is well documented, their source remains controversial. Arnong many potential causes, the literature suggests that spinoff equity gains could arise from expected tax benefits, ...
