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Keywords: Target reference point
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2018) 44 (2): 278–290.
Published: 12 February 2018
... points has an impact on the final method of payment agreed upon by the target and the bidder. Findings The authors find that targets with a longer distance to their respective target reference points prefer to receive cash financing in the consideration sought, while bidders with a longer distance...
