Does Stock Misvaluation Drive the Motivation for Takeovers?
碩士 === 國立臺灣大學 === 財務金融學研究所 === 96 === This paper uses pre-offer market valuations to evaluate motivation for takeovers under misvaluation theory. According to previous literature, the motives for merger and acquisition consist of synergy, agency, and hubris. We distinguish three hypotheses by lookin...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2008
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| Online Access: | http://ndltd.ncl.edu.tw/handle/12910536669335135678 |