This study examines the market for acquisitions and the impact of mergers on the returns to
the stockholders of the constituent firms. While employing the two-factor market model as …

THE separation of ownership and control has attracted the attention of many economists
over the years, with results ranging from Adam Smith's comments on the pretentions of …

108 4.5 Number of industries where neither the valuation rate nor either the profit rate or
growth rate were significant (regression 1) for ranked and grouped industries by industry …

10 i Introduction ii Two-person Zero-sum Games iii The Prisoner's Dilemma iv Experiments
in Oligopolistic Situations The Role of Entry in Oligopoly i Introduction ii The Limit Price iii …

Wexionensia No 126/2007. ISSN: 1404-4307, ISBN: 978-91-7636-573-1. Written in English.
This study addresses the problem of explaining the emergence and viability of coalitions …

Separation of ownership and management function in modern corporations resulted in the
emergence of a conflict between principal (shareholders) and agent (top management) …

It is somewhat ironic that the idea of separation of ownership and control in the modern
corporation is more widely accepted among sociologists and other social scientists than …

Recently, the market for corporate control has attracted much attention. Scholars have
attempted to ascertain whether managerial resistance is in the interests of shareholders …

WHILE Bearle and Means [I, pp. 82-83] dismissed the effectiveness of a market for corporate
control, Hindley [3, p. 43I] and Manne [io, p. 113] regarded it as the ultimate external restraint …

In a recent issue of this Review, David Mermelstein, following the tradition of ADH Kaplan
and NR Collins and LE Preston, examined the changing shares of the 100 largest …