Corpus ID: 17277158

Shareholder Voting Rights in Mergers and Acquisitions

@inproceedings{Hsieh2008ShareholderVR,
  title={Shareholder Voting Rights in Mergers and Acquisitions},
  author={J. Hsieh and Q. Wang},
  year={2008}
}
  • J. Hsieh, Q. Wang
  • Published 2008
  • Business
  • This paper studies the determinants and the role of shareholder voting rights in mergers and acquisitions. Comparing deals with acquirer shareh older voting rights with those without from 1990 to 2005, we document that acquisitions with sh areholder voting rights are associated with lower synergistic gains. Those offers also underpe rform in the long run. In addition, we show that takeovers with the requirements of shareholder approval are associated with lower probability of deal completion… CONTINUE READING
    19 Citations

    References

    SHOWING 1-10 OF 55 REFERENCES
    Is Acquiring-Firm Shareholder Approval in Stock-for-Stock Mergers Perfunctory?
    • 37
    • Highly Influential
    • PDF
    The Impact of the Institutional and Regulatory Environment on Shareholder Voting
    • 200
    • Highly Influential
    • PDF
    Ownership structure and voting on antitakeover amendments
    • 1,294
    Corporate Governance and Shareholder Initiatives: Empirical Evidence
    • 627
    Corporate voting: Evidence from charter amendment proposals
    • 91