B. Espen Eckbo

Tuck School of Business at Dartmouth

Tuck Centennial Professor of Finance, and Founding Director of the Center for Corporate Governance

Hanover, NH 03755

United States

http://www.tuck.dartmouth.edu/eckbo

European Corporate Governance Institute (ECGI)

Research Associate

c/o ECARES ULB CP 114

B-1050 Brussels

Belgium

View CV
SCHOLARLY PAPERS

51

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CITATIONS
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Top 251

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1,460

Scholarly Papers (51)

1.
Downloads 4,514 ( 1,358)
Citation 56

Liquidity Risk, Leverage and Long-Run IPO Returns

Tuck School of Business Working Paper No. 2004-14, Journal of Corporate Finance, Vol. 11, pp. 1-35, 2005
Number of pages: 44 Posted: 17 Apr 2000 Last Revised: 30 Apr 2009
B. Espen Eckbo and Oyvind Norli
Tuck School of Business at Dartmouth and BI Norwegian Business School - Department of Financial Economics
Downloads 4,495 (1,338)
Citation 56

Abstract:

Liquidity, Long-run returns, IPO

Liquidity Risk, Leverage and Long-Run IPO Returns

CEPR Discussion Paper No. 4832
Number of pages: 47 Posted: 22 Apr 2005
B. Espen Eckbo and Oyvind Norli
Tuck School of Business at Dartmouth and BI Norwegian Business School - Department of Financial Economics
Downloads 19 (470,580)
Citation 56
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Abstract:

Asset pricing, liquidity, risk and return, Initial Public Offering (IPO), capital structure, market efficiency

2.

Security Offerings

HANDBOOK OF CORPORATE FINANCE: EMPIRICAL CORPORATE FINANCE, Vol. 1, B. E. Eckbo, ed., Chapter 6, pp. 233-373, Elsevier/North-Holland Handbook of Finance Series, 2007, Tuck School of Business Working Paper No. 2005-28
Number of pages: 168 Posted: 06 Dec 2005 Last Revised: 03 May 2009
B. Espen Eckbo, Ronald W. Masulis and Oyvind Norli
Tuck School of Business at Dartmouth, University of New South Wales - Australian School of Business and BI Norwegian Business School - Department of Financial Economics
Downloads 4,443 (1,184)
Citation 61

Abstract:

Security offering, IPO, SEO, debt offer, flotation method, underwriting, rights offer, private placement, shelf registration, adverse selection, announcement returns, long run performance

3.

Corporate Takeovers

HANDBOOK OF CORPORATE FINANCE: EMPIRICAL CORPORATE FINANCE, Vol. 2, Chapter 15, pp. 291-430, B. E., Eckbo, ed., Elsevier/North-Holland Handbook of Finance Series, 2008, Tuck School of Business Working Paper No. 2008-47
Number of pages: 172 Posted: 12 May 2008 Last Revised: 15 Jan 2009
Sandra Betton, B. Espen Eckbo and Karin S. Thorburn
Concordia University, Quebec - Department of Finance, Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 4,015 (946)
Citation 61

Abstract:

Takeover, merger, tender offer, auction, offer premium, bidder gains, toeholds, markups

4.

Corporate Restructuring: Breakups and LBOs

HANDBOOK OF CORPORATE FINANCE: EMPIRICAL CORPORATE FINANCE, Vol. 2, Chapter 16, pp. 431-496, B. E. Eckbo, ed., Elsevier/North-Holland Handbook of Finance Series, 2008, Tuck School of Business Working Paper No. 2008-49
Number of pages: 86 Posted: 15 May 2008 Last Revised: 23 Feb 2011
B. Espen Eckbo and Karin S. Thorburn
Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 2,208 (4,752)
Citation 12

Abstract:

Restructuring, breakup, divestiture, spinoff, equity carveout, tracking stock, leveraged

5.

Bidding Strategies and Takeover Premiums: A Review

Journal of Corporate Finance, Vol. 15, pp. 149-178, 2009, Tuck School of Business Working Paper No. 2008-48
Number of pages: 74 Posted: 05 Aug 2008 Last Revised: 05 May 2009
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 1,836 (4,983)
Citation 23

Abstract:

Takeover, offer premium, bid strategy, bid jump, merger, tender offer, auction, negotiation, toehold, payment method, markup pricing

6.

Seasoned Equity Offerings: A Survey

FINANCE (NORTH-HOLLAND, HANDBOOKS OF OPERATIONS RESEARCH AND MANAGEMENT SCIENCE), R. Jarrow, V. Maksimovic, W. Ziemba, eds., Ch. 31, pp. 1017-1072, 1995
Number of pages: 71 Posted: 12 Nov 2008
B. Espen Eckbo and Ronald W. Masulis
Tuck School of Business at Dartmouth and University of New South Wales - Australian School of Business
Downloads 1,615 (6,591)
Citation 64

Abstract:

Seasoned equity offering, SEO, flotation costs, flotation method choice, underwriting, firm commitment offers, best effort, rights offer, standby rights offer, quality certification, shareholder takeup, adverse selection, market timing, aggregate issue activity, market microstructure effects

7.

Horizontal Mergers, Collusion, and Stockholder Wealth

Journal of Financial Economics (JFE), Vol. 11, pp. 241-273, 1983
Number of pages: 32 Posted: 21 May 2009
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 1,110 (10,731)
Citation 130

Abstract:

Merger, collusion, market power, antitrust, efficiency, rivals, industry rents

8.

Creditor Financing and Overbidding in Bankruptcy Auctions: Theory and Tests

Journal of Corporate Finance, Vol. 15, pp. 10-29, 2009, Tuck School of Business Working Paper No. 2004-13
Number of pages: 48 Posted: 17 Dec 2004 Last Revised: 06 Jun 2013
B. Espen Eckbo and Karin S. Thorburn
Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 1,095 (15,173)
Citation 2

Abstract:

Bankruptcy, auctions, overbidding, fire sale, saleback, governance, premiums, recovery rates, bank bidding

Corporate Takeovers and Economic Efficiency

ECGI - Finance Working Paper No. 391/2013, Tuck School of Business Working Paper No. 2013-122
Number of pages: 50 Posted: 17 Oct 2013 Last Revised: 04 Dec 2013
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 1,058 (15,720)

Abstract:

Takeover, supply chain, innovation, bidding, deal terms, takeover gains

Corporate Takeovers and Economic Efficiency

Annual Review of Financial Economics, Vol. 6, pp. 51-74, 2014
Posted: 25 Nov 2014
B. Espen Eckbo
Tuck School of Business at Dartmouth

Abstract:

10.

Contemporary Corporate Governance Issues: Program, July 7-8, 2000

Presented at Tuck-JFE Contemporary Corporate Governance Conference
Number of pages: 6 Posted: 02 Aug 2000
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 982 (17,181)

Abstract:

How Costly Is Forced Gender-Balancing of Corporate Boards?

European Corporate Governance Institute (ECGI) - Finance Working Paper No. 463/2016, Tuck School of Business Working Paper No. 2746786
Number of pages: 45 Posted: 14 Mar 2016 Last Revised: 27 Dec 2016
B. Espen Eckbo, Knut Nygaard and Karin S. Thorburn
Tuck School of Business at Dartmouth, Oslo Business School at Oslo and Akershus University College of Applied Sciences (HiOA) and Norwegian School of Economics
Downloads 936 (18,846)

Abstract:

Gender quota, director independence, valuation effect, long-run performance, corporate conversion, busy directors, director network power

Does Gender-Balancing the Board Reduce Firm Value?

CEPR Discussion Paper No. DP11176
Number of pages: 58 Posted: 18 Apr 2016
B. Espen Eckbo, Knut Nygaard and Karin S. Thorburn
Tuck School of Business at Dartmouth, Oslo Business School at Oslo and Akershus University College of Applied Sciences (HiOA) and Norwegian School of Economics
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Abstract:

;ong-run performance, busy directors, corporate conversion, director independence, director network power, Gender quota, valuation effect

12.
Downloads 930 ( 19,408)
Citation 4

How Costly Is Corporate Bankruptcy for the CEO?

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 47 Posted: 31 Aug 2012 Last Revised: 12 Feb 2016
B. Espen Eckbo, Karin S. Thorburn and Wei Wang
Tuck School of Business at Dartmouth, Norwegian School of Economics and Queen's School of Business
Downloads 928 (19,100)
Citation 4

Abstract:

labor market capital, personal bankruptcy costs, turnover, career change, CEO compensation, wealth loss

How Costly is Corporate Bankruptcy for the CEO?

CEPR Discussion Paper No. DP10985
Number of pages: 44 Posted: 16 Dec 2015
B. Espen Eckbo, Karin S. Thorburn and Wei Wang
Tuck School of Business at Dartmouth, Norwegian School of Economics and Queen's School of Business
Downloads 2 (568,238)
Citation 4
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Abstract:

career change, CEO compensation, labor market capital, personal bankruptcy costs, turnover, wealth loss

13.

Adverse Selection and the Rights Offer Paradox

Journal of Financial Economics (JFE), Vol. 32, No. 3, pp. 293-332, 1992
Number of pages: 49 Posted: 19 Jun 2006
B. Espen Eckbo and Ronald W. Masulis
Tuck School of Business at Dartmouth and University of New South Wales - Australian School of Business
Downloads 920 (16,538)
Citation 84

Abstract:

Flotation method, seasoned common stock, SEO, stock offer, rights offer, adverse selection

14.

Corporate Takeovers: Modern Empirical Developments

CORPORATE TAKEOVERS: MODERN EMPIRICAL DEVELOPMENTS, B. Espen Eckbo, ed., Elsevier/Academic Press, 2011 , Tuck School of Business Working Paper No. 2011-92
Number of pages: 49 Posted: 23 Feb 2011
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 885 (15,872)
Citation 1

Abstract:

Takeovers, Restructurings, Bidding Strategies, Offer Premiums, Takeover Wealth Effects, Merger Waves, Targets in Bankruptcy, Merger Arbitrage

15.
Downloads 738 ( 27,136)
Citation 1

Are Stock-Financed Takeovers Opportunistic?

Journal of Financial Economics (JFE), Forthcoming, ECGI - Finance Working Paper No. 393/2013, Tuck School of Business Working Paper No. 2013-121
Number of pages: 54 Posted: 21 Nov 2013 Last Revised: 18 Apr 2017
B. Espen Eckbo, Tanakorn Makaew and Karin S. Thorburn
Tuck School of Business at Dartmouth, Securities and Exchange Commission (SEC) and Norwegian School of Economics
Downloads 738 (26,704)
Citation 1

Abstract:

Takeovers, payment method, mispricing, capital structure, industry relatedness, geographic location

Are Stock-Financed Takeovers Opportunistic?

CEPR Discussion Paper No. DP11974
Number of pages: 51 Posted: 25 Apr 2017
B. Espen Eckbo, Tanakorn Makaew and Karin S. Thorburn
Tuck School of Business at Dartmouth, Securities and Exchange Commission (SEC) and Norwegian School of Economics
Downloads 0
Citation 1
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Abstract:

cash payment, governance, information asymmetry, mispricing, mutual fund flow, opportunism, payment method, stock payment, Takeover bidding

16.

Seasoned Public Offerings: Resolution of the 'New Issues Puzzle'

Journal of Financial Economics, Vol. 56, 251-291, 2000, Tuck School of Business Working Paper
Number of pages: 38 Posted: 21 Feb 2001 Last Revised: 04 May 2009
B. Espen Eckbo, Ronald W. Masulis and Oyvind Norli
Tuck School of Business at Dartmouth, University of New South Wales - Australian School of Business and BI Norwegian Business School - Department of Financial Economics
Downloads 735 (23,316)
Citation 127

Abstract:

New issues puzzle, long-run performance, factor risk, seasoned public offerings, equity issuer

The Choice of Seasoned-equity Selling Mechanism: Theory and Evidence

Tuck School of Business Working Paper No. 2004-15
Number of pages: 57 Posted: 17 Dec 2004
B. Espen Eckbo and Oyvind Norli
Tuck School of Business at Dartmouth and BI Norwegian Business School - Department of Financial Economics
Downloads 707 (28,445)
Citation 6

Abstract:

Adverse selection, equity offerings, flotation method, rights offer, private placement, underwriting, sequential equilibrium, announcement returns, long-run returns

The Choice of Seasoned-Equity Selling Mechanism: Theory and Evidence

CEPR Discussion Paper No. 4833
Number of pages: 56 Posted: 26 Apr 2005
B. Espen Eckbo and Oyvind Norli
Tuck School of Business at Dartmouth and BI Norwegian Business School - Department of Financial Economics
Downloads 18 (476,362)
Citation 6
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Abstract:

Equity offering, flotation method, sequential equilibrium, adverse selection, rights offer, underwriting

18.

Corporate Restructuring

Foundations and Trends in Finance, Forthcoming
Number of pages: 109 Posted: 02 Jun 2013
B. Espen Eckbo and Karin S. Thorburn
Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 682 (15,800)

Abstract:

Restructuring, LBO, divestiture, spinoff, carveout

19.

Merger Negotiations with Stock Market Feedback

Journal of Finance, Forthcoming, ECGI - Finance Working Paper No. 392/2013, Tuck School of Business Working Paper No. 2011-94
Number of pages: 63 Posted: 10 May 2011 Last Revised: 06 Dec 2013
Concordia University, Quebec - Department of Finance, Tuck School of Business at Dartmouth, Southern Methodist University (SMU) - Edwin L. Cox School of Business and Norwegian School of Economics
Downloads 673 (30,837)
Citation 5

Abstract:

Merger negotiations, market feedback loop, takeover bid, offer price markup, target runup, rational bidding, market efficiency, nonlinear test

20.

Leverage Dynamics of High-Frequency Debt Issuers

Tuck School of Business Working Paper No. 2234435
Number of pages: 45 Posted: 17 Mar 2013 Last Revised: 14 Dec 2016
B. Espen Eckbo and Michael Kisser
Tuck School of Business at Dartmouth and Norwegian School of Economics (NHH)
Downloads 535 (26,421)

Abstract:

Capital structure, external finance, debt issues, equity issues, issue costs, leverage, cash-flow identity

Equity Issues and the Disappearing Rights Offer Phenomenon

Tuck School of Business Working Paper No. 2008-49, Journal of Applied Corporate Finance, Forthcoming
Number of pages: 35 Posted: 01 Oct 2008 Last Revised: 30 Oct 2008
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 524 (42,504)
Citation 5

Abstract:

Seasoned equity issue, rights offer, underwritten offer, shareholder takeup, adverse selection, issue costs

Equity Issues and the Disappearing Rights Offer Phenomenon

Journal of Applied Corporate Finance, Vol. 20, Issue 4, pp. 72-85, Fall 2008
Number of pages: 16 Posted: 18 Dec 2008
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 5 (549,159)
Citation 5
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Abstract:

22.

Managerial Shareownership, Voting Power, and Cash Dividend Policy

Journal of Corporate Finance, Vol. 1, pp. 33-62, 1994
Number of pages: 39 Posted: 27 Oct 2008
B. Espen Eckbo and Savita Verma
Tuck School of Business at Dartmouth and affiliation not provided to SSRN
Downloads 511 (37,371)
Citation 33

Abstract:

Dividend policy, shareholder clieneteles, taxes, free cash flow, consensus dividend, voting power,

23.

Efficiency of Share-Voting Systems: Report on Italy

Tuck School of Business Working Paper No. 2009-64, ECGI - Law Working Paper No. 174/2011
Number of pages: 188 Posted: 11 Jul 2009 Last Revised: 18 Feb 2011
B. Espen Eckbo, Giulia Paone and Runa Urheim
Tuck School of Business at Dartmouth, Tuck School of Business at Dartmouth and Central Bank of Norway
Downloads 455 (48,051)
Citation 2

Abstract:

voting, voting chain, shareownership, shareholder rights, proxy voting, voting impediments

24.

Tuck-JFQA Contemporary Corporate Governance Issues II: International Corporate Governance Conference Program, July 12-13, 2002

Tuck-JFQA Contemporary Corporate Governance Issues II Conference
Number of pages: 4 Posted: 15 Aug 2002
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 420 (55,539)

Abstract:

25.

Toeholds, Bid Jumps, and Expected Payoffs in Takeovers

Review of Financial Studies, Vol. 13, 841-882, 2000, Tuck School of Business Working Paper
Number of pages: 51 Posted: 20 Feb 2001 Last Revised: 04 May 2009
Sandra Betton and B. Espen Eckbo
Concordia University, Quebec - Department of Finance and Tuck School of Business at Dartmouth
Downloads 397 (50,268)
Citation 87

Abstract:

Takeover contest, tender offer, toeholds, bidding, bid jumps, rival bidders

26.

Pervasive Liquidity Risk

Number of pages: 37 Posted: 26 Jun 2007
B. Espen Eckbo and Oyvind Norli
Tuck School of Business at Dartmouth and BI Norwegian Business School - Department of Financial Economics
Downloads 383 (57,888)
Citation 16

Abstract:

Liquidity, Risk factor, Commonality

27.

Valuation Effects of Corporate Debt Offerings

Journal of Financial Economics (JFE), Vol. 15, 119-151, 1986
Number of pages: 39 Posted: 18 Oct 2009 Last Revised: 29 Dec 2009
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 367 (50,268)
Citation 74

Abstract:

Straight debt offerings, convertible debt offerings, capital structure change, information effects, adverse selection, agency hypotheses

28.

Efficiency of Share-Voting Systems: Report on Sweden

Tuck School of Business Working Paper No. 2010-79, ECGI - Law Working Paper No. 173/2011
Number of pages: 231 Posted: 01 Aug 2010 Last Revised: 18 Feb 2011
B. Espen Eckbo, Giulia Paone and Runa Urheim
Tuck School of Business at Dartmouth, Tuck School of Business at Dartmouth and Central Bank of Norway
Downloads 294 (77,051)
Citation 1

Abstract:

Share Voting, Shareholder Rights Directive, Corporate Governance, Hare Holding System, Corporate Law

29.

Penalty-Free Prepayments, Credit Rationing, and the Use of Upfront Fees in Bank Loans

Number of pages: 45 Posted: 26 Nov 2011 Last Revised: 29 Mar 2013
B. Espen Eckbo, Xunhua Su and Karin S. Thorburn
Tuck School of Business at Dartmouth, Norwegian School of Economics and Norwegian School of Economics
Downloads 290 (86,966)

Abstract:

credit rationing, upfront fee, borrower risk, performance-pricing, security, collateral

Control Benefits and CEO Discipline in Automatic Bankruptcy Auctions

Journal of Financial Economics (JFE), Vol. 69, pp. 227-258, 2003, Tuck School of Business Working Paper No. 02-16
Number of pages: 43 Posted: 15 Jul 2002 Last Revised: 27 Oct 2008
B. Espen Eckbo and Karin S. Thorburn
Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 261 (97,018)
Citation 20

Abstract:

CEO Turnover, Executive Compensation, Private Benefits of Control, Risk-shifting Incentives, Bankruptcy, Post-bankruptcy Performance

Control Benefits and CEO Discipline in Automatic Bankruptcy Auctions

CEPR Discussion Paper No. 3481
Number of pages: 38 Posted: 04 Nov 2002
B. Espen Eckbo and Karin S. Thorburn
Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 25 (436,069)
Citation 20
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Abstract:

Post-bankruptcy performance, CEO turnover, bankruptcy, executive compensation, private benefits of control, risk-shifting incentives

31.

Information Disclosure, Method of Payment, and Takeover Premiums: Public and Private Tender Offers in France

Journal of Financial Economics (JFE), Vol. 24, pp. 363-403, 1989
Number of pages: 43 Posted: 01 Oct 2009
B. Espen Eckbo and Herwig Langohr
Tuck School of Business at Dartmouth and INSEAD, Finance (Deceased)
Downloads 260 (82,400)
Citation 20

Abstract:

Tender offer, takeover premium, disclosure rules, method of payment, all-cash offer, all-stock offer, offer for control, minority buyout

32.

Mergers and the Market Concentration Doctrine: Evidence from the Capital Market

Journal of Business, Vol. 58, pp. 325-349,1985
Number of pages: 25 Posted: 19 Jun 2010
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 257 (70,724)
Citation 49

Abstract:

Mergers, antitrust, concentration, market power, industry rents

33.

Economic Effects of Auction Bankruptcy

Tuck School of Business Working Paper No. 2009-63
Number of pages: 35 Posted: 16 Apr 2009 Last Revised: 27 Apr 2009
B. Espen Eckbo and Karin S. Thorburn
Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 246 (94,825)

Abstract:

Bankruptcy, auction, reorganization, liquidation, risk-shifting, asset substitution, fire-sale, bankruptcy costs

34.

The Government as Active Shareholder

Number of pages: 25 Posted: 29 Dec 2009
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 239 (103,334)

Abstract:

Shareholder activism, corporate governance, share-voting, director election, say on pay, privatization

Banking System Bailout - Scandinavian Style

Journal of Applied Corporate Finance, Vol. 22, pp. 85-93, Summer 2010, Tuck School of Business Working Paper No. 2010-82
Number of pages: 27 Posted: 11 Sep 2010
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 225 (113,179)

Abstract:

Banking Crisis, Bailout, Bankruptcy, Government Shareownership, Governance

Banking System Bailout-Scandinavian Style

Journal of Applied Corporate Finance, Vol. 22, Issue 3, pp. 85-93, Summer 2010
Number of pages: 11 Posted: 04 Oct 2010
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 1 (579,783)
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Abstract:

36.

The Conditional Performance of Insider Trades

Journal of Finance, Vol. 53, pp. 467-498, 1998, Tuck School of Business Working Paper
Number of pages: 51 Posted: 23 Jul 1998 Last Revised: 27 Oct 2008
B. Espen Eckbo and David C. Smith
Tuck School of Business at Dartmouth and University of Virginia - McIntire School of Commerce
Downloads 225 (96,719)
Citation 48

Abstract:

37.

Consistent Estimation of Cross-Sectional Models in Event Studies

Review of Financial Studies, Vol. 3, pp. 343-365, 1990
Number of pages: 30 Posted: 12 Nov 2008
B. Espen Eckbo, Vojislav Maksimovic and Joseph Williams
Tuck School of Business at Dartmouth, University of Maryland - Robert H. Smith School of Business and University of British Columbia (UBC) - Sauder School of Business
Downloads 196 (117,164)
Citation 54

Abstract:

Event studies, voluntary events, consistent estimation, selection bias, OLS, GLS, ML estimation, nonlinear estimator, synergy gains, horizontal mergers, bidder gains

38.

Automatic Bankruptcy Auctions and Fire-Sales

Journal of Financial Economics (JFE), Vol. 89, pp. 404-422, 2008, Tuck School of Business Working Paper No. 2007-36
Number of pages: 45 Posted: 17 Jan 2009 Last Revised: 07 May 2009
B. Espen Eckbo and Karin S. Thorburn
Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 175 (125,027)
Citation 15

Abstract:

Bankruptcy, auction, going-concern sale, piecemeal liquidation, fire-sale

39.

Mergers and the Value of Antitrust Deterrence

Journal of Finance, Vol. 47, pp. 1005-1029, 1992
Number of pages: 36 Posted: 12 Nov 2008
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 169 (116,128)
Citation 50

Abstract:

Mergers, antitrust, deterrence, market power, merger for monopoly, industry valuation effect, industry concentration, market concentration doctrine, collusive merger, efficiency

40.

Why Underwrite Rights Offers? Some New Evidence

Journal of Financial Economics, Vol. 46, pp. 223-261, 1997
Number of pages: 49 Posted: 28 Oct 2008
Øyvind Bøhren, B. Espen Eckbo and Dag Michalsen
BI Norwegian Business School - Department of Finance, Tuck School of Business at Dartmouth and BI Norwegian Business School
Downloads 163 (143,279)
Citation 12

Abstract:

Rights offer, standby underwriting, seasoned equity offer, flotation costs, shareholder takeup, adverse selection

41.

Asymmetric Information and the Medium of Exchange in Takeovers: Theory and Tests

Review of Financial Studies, Vol. 3, pp. 651-675, 1990
Number of pages: 33 Posted: 12 Nov 2008
B. Espen Eckbo, Ron Giammarino and Robert L. Heinkel
Tuck School of Business at Dartmouth, University of British Columbia (UBC) - Sauder School of Business and University of British Columbia (UBC) - Division of Finance
Downloads 162 (102,887)
Citation 76

Abstract:

Takeovers, method of payment, separating equilibrium, mix cash-stock payment, all-stock payment, all-cash payment, maximum likelihood estimation, bidder announcement returns

42.

Reforming Share-Voting Systems: The Case of Italy

Tuck School of Business Working Paper No. 2011-93
Number of pages: 21 Posted: 26 Apr 2011
B. Espen Eckbo and Giulia Paone
Tuck School of Business at Dartmouth and Tuck School of Business at Dartmouth
Downloads 155 (143,279)

Abstract:

shareholder registry, cross-border voting, voting chain, voting rights, share blocking, centralized share deposit, electronic voting, proxy voting, EU shareholder rights directive

43.

Tuck Contemporary Corporate Governance Issues III Conference Program, July 9-10, 2004

Number of pages: 4 Posted: 08 Jun 2004
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 140 (168,502)

Abstract:

44.

Antimerger Policy Under the Hart-Scott-Rodino Act: A Reexamination of the Market Power Hypothesis

Journal of Law and Economics, Vol. 28, pp. 119-149, 1985
Number of pages: 28 Posted: 19 Jun 2010
B. Espen Eckbo and Peggy Wier
Tuck School of Business at Dartmouth and affiliation not provided to SSRN
Downloads 95 (199,356)
Citation 37

Abstract:

Mergers, antitrust, market power, collusion, rival firms, industry rents

45.

Valuation Effects of Greenmail Prohibitions

Journal of Financial and Quantitative Analysis (JFQA), Vol. 25, pp. 491-505,1990
Number of pages: 23 Posted: 12 Nov 2008
B. Espen Eckbo
Tuck School of Business at Dartmouth
Downloads 71 (245,955)
Citation 7

Abstract:

Greenmail, managerial entrenchment, corporate governance, takeovers, antigrenmail charter amendment, proxy mailing, takeover rumors, market reaction

46.

Temporary Components of Stock Prices: New Univariate Results

Journal of Financial and Quantitative Analysis, Vol. 28, 161-176, 1993
Number of pages: 21 Posted: 28 Oct 2008
B. Espen Eckbo and Jian Liu
Tuck School of Business at Dartmouth and affiliation not provided to SSRN
Downloads 68 (259,141)
Citation 3

Abstract:

Random walk, predictable components of stock prices, mean reversion, lower bound, ARIMA process, variance proportion estimate

47.

The Toehold Puzzle

CEPR Discussion Paper No. 5084
Number of pages: 52 Posted: 12 Oct 2005
Sandra Betton, Karin S. Thorburn and B. Espen Eckbo
Concordia University, Quebec - Department of Finance, Norwegian School of Economics and Tuck School of Business at Dartmouth
Downloads 25 (423,558)
Citation 42
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Abstract:

48.

Markup Pricing Revisited

Tuck School of Business Working Paper No. 2008-45
Number of pages: 37 Posted: 17 Mar 2008 Last Revised: 25 Jun 2009
Sandra Betton, B. Espen Eckbo and Karin S. Thorburn
Concordia University, Quebec - Department of Finance, Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 0
Citation 21

Abstract:

Bidder returns, target runup, takeover, markup pricing, toehold bidding

49.

Merger Negotiations and the Toehold Puzzle

Tuck School of Business Working Paper No. 2005-16, ECGI - Finance Working Paper No. 85/2005, EFA 2006 Zurich Meetings, Journal of Financial Economics, Forthcoming
Number of pages: 48 Posted: 26 May 2005 Last Revised: 20 Oct 2008
Sandra Betton, B. Espen Eckbo and Karin S. Thorburn
Concordia University, Quebec - Department of Finance, Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 0
Citation 40

Abstract:

Bidding strategy, tender offer, merger, toehold, termination fee, bid failure

50.

Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada

Amos Tuck School of Business Working Paper No. 00-04
Number of pages: 39 Posted: 13 Dec 2000 Last Revised: 23 Nov 2015
B. Espen Eckbo and Karin S. Thorburn
Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 0
Citation 52

Abstract:

51.

Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada

Journal of Financial and Quantitative Analysis, Vol. 35, No. 1, 2000
Number of pages: 37 Posted: 16 Dec 1999 Last Revised: 01 Jan 2016
B. Espen Eckbo and Karin S. Thorburn
Tuck School of Business at Dartmouth and Norwegian School of Economics
Downloads 0
Citation 52

Abstract: