German executives can make misleading statements regarding merger activities while U.S. executives must either state … the market response to merger announcements? A sample of German and U.S. firms that announced acquisition plans between … 1995 and 1999 suggests that for smaller firms, merger news has no significant impact on cumulative abnormal returns for …

that in regulated industries with absent active takeover market, the importance of outside governance mechanisms is … relationship between presence of staggered board and abnormal bidder returns, which supports our hypothesis that anti-takeover …

law instruments) that may alleviate the need for merger control intervention are dealt with. Also, the appropriateness of … connection with non-controlling minority shareholding acquisitions. This contribution concludes that the European merger control …

when merger bonuses are present in deals where targets exhibit high pre-takeover abnormal accruals or are subject to SEC …Do merger bonuses to target CEOs facilitate a wealth transfer from target to acquirer shareholders? We test this … generate small synergies. When target CEOs get a merger bonus, acquirers pay lower premiums, but they also typically get less …

higher takeover premiums relative to their non-cross-listed peers. Moreover, shareholders of Sarbanes-Oxley-compliant targets …