The Development of the Takeover Bid in the United States

For those running public companies, the possibility of being dismissed as a result of a takeover is an important check on their managerial discretion. The market for corporate control has been researched extensively. Nevertheless, the manner in which hostile takeovers have been executed historically has just begun to receive serious academic attention. Following on from pioneering research we have already conducted, we intend to offer a thorough empirical analysis of the origins of the market for corporate control in the United States. Funding we are seeking from CERF will permit us to finalize datasets crucial to our research.

April 2016

March 2016