|
Based on your IP address, your paper is being delivered by:
|
 |
 |
 |
 |
 |
New York, USA
Processing request.
|
Illinois, USA
Processing request.
|
Brussels, Belgium
Processing request.
|
Seoul, Korea
Processing request.
|
California, USA
Processing request.
|
If you have any problems downloading this paper, please click on another Download Location above, or
File name: SSRN-id1809718. ; Size: 230K
|
|
Takeover Theory and the Law and Economics Movement
Steven M. Davidoff Ohio State University (OSU) - Michael E. Moritz College of Law; Ohio State University (OSU) - Department of Finance
April 4, 2011
RESEARCH HANDBOOK ON THE ECONOMICS OF CORPORATE LAW, Claire Hill, Brett McDonnell, eds., Edward Elgar, 2011-2012
Abstract:
This chapter, from the forthcoming Research Handbook on the Economics of Corporate Law, examines the influence of the law and economics movement on takeover theory. Beginning in 1965 with Henry Manne's famous theory of the market for corporate control and ending with the 2011 decision in Air Products v. Airgas, this chapter is an intellectual history of the law and economics field as applied to takeovers. It is also about possible new directions and topics for this field and its future use in structuring and analyzing takeover theory.
Number of Pages in PDF File: 26
Keywords: takeovers, hostile takeovers, poison pills, corporate governance, law and economics, Manne, shareholder activism, anti-takeover statutes, corporate control, tender offers, mergers
Accepted Paper Series
Download This Paper
Date posted: April 5, 2011
; Last revised: January 2, 2012
Suggested CitationDavidoff, Steven M., Takeover Theory and the Law and Economics Movement (April 4, 2011). RESEARCH HANDBOOK ON THE ECONOMICS OF CORPORATE LAW, Claire Hill, Brett McDonnell, eds., Edward Elgar, 2011-2012. Available at SSRN: http://ssrn.com/abstract=1802733
|
| Feedback to SSRN (Beta) |
|
|
People who downloaded this paper also downloaded:
1.
The Law and Economics of Blockholder Disclosure
By
Lucian Bebchuk
and
Robert Jackson
2.
Shareholder Litigation in Mergers and Acquisitions
By
C. N. V. Krishnan,
Ronald Masulis, ...
3.
Sour Chocolate: The U.K. Takeover Panel's Improper Reaction to Kraft's Acquisition of Cadbury
By
Michael Patrone
4.
Takeovers, Poison Pills and Protectionism in Comparative Corporate Governance
By
Jennifer Hill
5.
Is the Board Neutrality Rule Trivial? Amnesia About Corporate Law in European Takeover Regulation
By
Carsten Gerner-beuerle,
David Kershaw, ...
6.
The Effectiveness of Being Invisible: Hedge Funds, Hidden Ownership and Corporate Governance
By
Soumyadri Chattopadhyaya
7.
European Company Law 1999-2010: Renaissance and Crisis
By
John Armour
and
Wolf-georg Ringe
8.
Optimal Capital Structure
By
Jules Van Binsbergen,
John Graham, ...
9.
Pills and Partisans: Understanding Takeover Defenses
By
Jordan Barry
and
John Hatfield
10.
Private Equity and the Resolution of Financial Distress
By
Per Strömberg,
Edith Hotchkiss, ...
|
|
|
|