Dong, Ming; Hirshleifer, David; Richardson, Scott; … - 2003 - [Elektronische Ressource]
, hostility of the target to the offer, the
success of the bid, and event period returns. The misvaluation hypothesis also implies … misvaluation
hypothesis, dependent variables. For example, most studies condition on offer success.
But if misvaluation affects … body of evidence about various
types of discretionary corporate actions that post-event long-run abnormal returns tend to …