Fortune Favors the Bold
We investigate whether incentives to join the Fortune 500 affect corporate decisions. Firms closer to the cutoff appear to take actions to join the list by engaging in more mergers and acquisitions activity, bidding for larger targets, and paying higher takeover premia. Further, the relation is stro...
| Main Authors: | , |
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| Language: | en |
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CAMBRIDGE UNIV PRESS
2017
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| Online Access: | http://hdl.handle.net/10150/624691 http://arizona.openrepository.com/arizona/handle/10150/624691 |