The Market for Corporate Control: The Empirical Evidence Since 1980

The Journal of Economic PerspectivesPublished 1 February 1988Open access

Gregg A. Jarrell, James A. Brickley, Jeffry M. Netter

DOI10.1257/jep.2.1.49

Source URL

Citations1,145

SJR quartileQ1

SJR score8.26

SNIP5.32

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Abstract

In the 1980s, the market for corporate control has been increasingly active, and the quantity of output of academic researchers studying corporate control questions has mirrored the market activity. This review examines the returns to bidders and targets, and the effects of defending against hostile takeovers.

Keywords

Economics, Econometrics and FinanceBusiness, Management and Accounting