Rossi, Stefano (contributor); Volpin, Paolo (contributor) - 2002 - [Elektronische Ressource]
Nenova, 2002), lower earnings
management (Leuz, Nanda, and Wysocki, 2002), and higher correlation between investment … management and controlling
shareholders for the lost private benefits of control, facilitating the completion of the deal.
This … takeovers play as important a role in disciplining management as hostile
takeovers that are eventually completed.
4
In all …