Allen, D. E.; Soongswang, A. - In: Review of Pacific Basin Financial Markets and Policies … 09 (2006) 04, pp. 509-531
This paper analyses takeover effects on the Thai stock market in terms of their impact on the bidding firms' shareholders. We apply a comprehensive analysis of shareholder wealth effects using multiple methods. Our results conform with prior studies: see Jensen and Ruback (1983), Agrawal and...