Auzius Kazombo Mwale Department of Accounting & Finance Testing the inefficient management hypothesis: Are United Kingdom mergers and acquisitions disciplinary?

  • Published 2008


A large body of research has examined the impact of takeovers on corporate performance. Although there has been a considerable volume of research on the wealth effects of takeovers to date, there has been very little evidence on the disciplinary role. The aim of this study is to contribute to the takeover debate by examining whether UK takeovers are… (More)

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