LEADER 05796nam 2200733 a 450 001 9910784568403321 005 20230120004542.0 010 $a1-281-02883-5 010 $a9786611028831 010 $a0-08-054932-2 035 $a(CKB)1000000000363949 035 $a(EBL)306696 035 $a(OCoLC)476085829 035 $a(SSID)ssj0000130858 035 $a(PQKBManifestationID)11134944 035 $a(PQKBTitleCode)TC0000130858 035 $a(PQKBWorkID)10098301 035 $a(PQKB)10445452 035 $a(Au-PeEL)EBL306696 035 $a(CaPaEBR)ebr10188234 035 $a(CaONFJC)MIL102883 035 $a(CaSebORM)9780123741424 035 $a(MiAaPQ)EBC306696 035 $a(EXLCZ)991000000000363949 100 $a20070430d2007 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aCorporate governance and regulatory impact on mergers and acquisitions$b[electronic resource] $eresearch and analysis on activity worldwide since 1990 /$fedited by Greg N. Gregoriou, and Luc Renneboog 205 $a1st edition 210 $aAmsterdam ;$aBoston $cAcademic Press$dc2007 215 $a1 online resource (304 p.) 225 1 $aQuantitative finance series 300 $aDescription based upon print version of record. 311 $a0-12-374142-4 320 $aIncludes bibliographical references and index. 327 $aCorporate Governance and Regulatory Impact on Mergers and Acquisitions; Copyright Page; Contents; Acknowledgments; About the Editors; List of Contributors; Chapter 1: Understanding Mergers and Acquisitions: Corporate Governance and Regulatory Issues; 1.1 Corporate Governance and Takeovers; 1.2 Key Aspects of Takeover Regulation; 1.3 Overview of the Research Presented in this Volume; References; Chapter 2: The Effect of Merger Laws on Merger Activity: International Evidence; 2.1 Introduction; 2.2 Related Literature; 2.3 Merger Laws; 2.4 Merger Data 327 $a2.5 Domestic and Cross-Border Mergers, and Merger Laws2.6 Conclusion; References; Chapter 3: The Governance Motive in Cross-Border Mergers and Acquisitions; 3.1 Introduction; 3.2 A Simple Model of Cross-Border Merger and Acquisition Activity; 3.3 Empirical Analysis; 3.4 Conclusion; Chapter 3 Appendix; References; Chapter 4: Corporate Governance Convergence Through Cross-Border Mergers: The Case of Aventis; 4.1 Introduction; 4.2 Aventis: Characteristics and Main Results; 4.3 The Merging Parties; 4.4 The Merger: The Formation of Aventis 327 $a4.5 Corporate Governance: Rhocircne-Poulenc, Hoechst, and the French and German Corporate Codes4.6 Corporate Governance of Aventis; 4.7 Conclusion; References; Acknowledgments; Chapter 5: Whither Hostility?; 5.1 Introduction; 5.2 Discipline as a Motivation for Mergers; 5.3 The Decline of the Hostile Takeover; 5.4 The Reappearance of Hostility; 5.5 Conclusion; References; Chapter 6: Corporate Governance and acquisitions: Acquirer Wealth Effects in the Netherlands; 6.1 Introduction; 6.2 Literature Review; 6.3 Research Design; 6.4 Results; 6.5 Conclusion; References 327 $aChapter 7: European Union Takeover Regulation and the One-Share One-Vote Controversy7.1 Introduction; 7.2 Shareholder Democracy; 7.3 Economics of Ownership and Corporate Voting: A Brief Overview; 7.4 Is One-Share One-Vote Optimal?; 7.5 Conclusion and Policy Implications; References; Chapter 8: Opportunities in the Merger and Acquisition Aftermarket: Squeezing Out and Selling Out; 8.1 Introduction; 8.2 Rationale for the Squeeze-Out Right and the Sellout Right; 8.3 Squeeze-Out Right and the Protection of Private Property 327 $a8.4 The Squeeze-Out Right and the Sellout Right in a Comparative Legal Perspective8.5 Conclusion; References; Chapter 9: Valuation Methods and German Merger Practice; 9.1 Introduction; 9.2 The Background of Merger Processes in Germany; 9.3 Basic Valuation Principles in Germany; 9.4 The German Tax CAPM-a Tax CAPM with German Income Tax; 9.5 A Valuation Example: Merger Valuation of Deutsche Telekom; 9.6 Consequences for German Takeover Practice; 9.7 Conclusion; References; Chapter 10: Share Buybacks, Institutional Investors, and Corporate Control; 10.1 Introduction; 10.2 Buyback Mechanisms 327 $a10.3 Myth and Reality of Buybacks 330 $aCorporate Governance and regulatory presssures have been much in the news lately. How they affect the bottom line of corporations has been difficult to quantify, and research is just beginning to be published that addresses this crucial question. This book is the first collection for new research about the impact of takeover regulation and corporate governance on M&A financial results. It will be essential reading to any M&A specialist, an investment banker, a hedge fund manager, a private equity director, or a venture capitalist. Also a must read for financial analysts who follow M&A targets. 410 0$aQuantitative finance series. 606 $aConsolidation and merger of corporations 606 $aCorporate governance 606 $aConsolidation and merger of corporations$xLaw and legislation 606 $aCorporate governance$xLaw and legislation 615 0$aConsolidation and merger of corporations. 615 0$aCorporate governance. 615 0$aConsolidation and merger of corporations$xLaw and legislation. 615 0$aCorporate governance$xLaw and legislation. 676 $a338.8/3 701 $aGregoriou$b Greg N.$f1956-$0887648 701 $aRenneboog$b Luc$0252942 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910784568403321 996 $aCorporate governance and regulatory impact on mergers and acquisitions$93708378 997 $aUNINA