Elusive drivers of shareholder wealth gains

Details a study of 429 complete UK acquisitions, takeovers and mergers from 1980 to 1990. Cites value creation; management/shareholder alignment; and bid characteristics. Warrants that the results gave some support to the above factors playing a role in wealth creation in target companies — but for bidders results were much weaker. Concludes that this study is fairly representative of the best current work in the financial school of M&A research.

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Year of publication:	1998
Authors:	Kippenberger, T
Published in:	The Antidote. - MCB UP Ltd, ISSN 1758-423X, ZDB-ID 2269744-5. - Vol. 3.1998, 3, p. 10-11
Publisher:	MCB UP Ltd
Subject:	Mergers and acquisitions \| Shareholders \| Finance

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Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	English
Other identifiers:	10.1108/EUM0000000006466 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10015018061