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Does having a child immunised at the prior schedule genuinely impact the likelihood of vaccinating the child at the following schedule? Using longitudinal data from Growing Up in New Zealand study, we apply a random-effects probit model that also controls for the initial immunisation status. We...
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In this paper we use clinical studies to document how dominant shareholders have circumvented mandatory bid rules to appropriate wealth from minority shareholders. Dominant shareholders are numerous in continental Europe. Creative compliance with mandatory bid rules reveals the failure of boards...
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Under German takeover law, in a voluntary bid the bidder must offer the target shareholders a price which is based on the average price of the target's shares over a given period.However, if in the run-up to the bid the bidder purchased the target shares at a higher price, the bid price must be...
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