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Keywords: Wealth
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Journal Articles
Journal:
Managerial Finance
Managerial Finance (2010) 36 (2): 103–121.
Published: 19 January 2010
...Thomas H. Thompson; Vince Apilado Purpose The purpose of this paper is to provide a comprehensive initial evaluation of the wealth transfer hypothesis as applied to the second‐stage events and announcements that follow carve‐outs during the period from 1983 to 2004. Design/methodology/approach...
Journal Articles
Journal:
Managerial Finance
Managerial Finance (2009) 35 (4): 346–356.
Published: 13 March 2009
...Jorge Brusa; Wayne L. Lee; Carole Shook Purpose The purpose of this paper is to examine the effects of golden parachutes on shareholders' wealth when the measure is used as a compensation device instead of a takeover defense. The results show that the adoption of the measure has...
