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conflict between outside and controlling shareholders. It may self-regulate the two parties involved in a control contract. The …
Persistent link: https://www.econbiz.de/10010707651
protecting investors in the event of a transfer of control. This rule should be analyzed in a context of appropriation of private …
Persistent link: https://www.econbiz.de/10010735780
Share repurchases are transactions which are supposed to cause a market reaction through a signaling approach. However looking only at cumulated abnormal returns (CARs)is insufficient and the results are sometimes contradictory. We introduce the concept of informativeness to assess if...
Persistent link: https://www.econbiz.de/10010707018
Analyse de la logique de contrat entre les acteurs financiers de l'entreprise, prenant en compte les problèmes d'asymétrie d'information et d'incitation. Les relations entre groupes de contrôle et actionnaires minoritaires sont une caractéristique du fonctionnement des entreprises étudiée...
Persistent link: https://www.econbiz.de/10011072075
The leveraging of control is the possibility for the controlling shareholder to lower his direct participation in …
Persistent link: https://www.econbiz.de/10011082482