The Impact of Market Optimism and CEO Pay Disparity on Takeover Premium and Bidder Performance: Australian Evidence
The study explains the impact of market optimism and CEO pay disparity on takeover premium and bidder performance in Australia. The study finds that acquiring firms offer higher premiums when takeover deals are conducted in high market optimism or by CEOs with high pay disparity. The study suggests...
| Main Author: | |
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| Format: | Thesis |
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Curtin University
2018
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| Online Access: | http://hdl.handle.net/20.500.11937/75406 |
| _version_ | 1848763477661843456 |
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| author | Luong, Hoa Anh Thi |
| author_facet | Luong, Hoa Anh Thi |
| author_sort | Luong, Hoa Anh Thi |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | The study explains the impact of market optimism and CEO pay disparity on takeover premium and bidder performance in Australia. The study finds that acquiring firms offer higher premiums when takeover deals are conducted in high market optimism or by CEOs with high pay disparity. The study suggests that bidder announcement returns can be explained by market sentiment, whereas CEO pay disparity and target selection are the possible explanation for bidder long-term performance. |
| first_indexed | 2025-11-14T11:04:05Z |
| format | Thesis |
| id | curtin-20.500.11937-75406 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T11:04:05Z |
| publishDate | 2018 |
| publisher | Curtin University |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-754062020-02-25T06:02:57Z The Impact of Market Optimism and CEO Pay Disparity on Takeover Premium and Bidder Performance: Australian Evidence Luong, Hoa Anh Thi The study explains the impact of market optimism and CEO pay disparity on takeover premium and bidder performance in Australia. The study finds that acquiring firms offer higher premiums when takeover deals are conducted in high market optimism or by CEOs with high pay disparity. The study suggests that bidder announcement returns can be explained by market sentiment, whereas CEO pay disparity and target selection are the possible explanation for bidder long-term performance. 2018 Thesis http://hdl.handle.net/20.500.11937/75406 Curtin University fulltext |
| spellingShingle | Luong, Hoa Anh Thi The Impact of Market Optimism and CEO Pay Disparity on Takeover Premium and Bidder Performance: Australian Evidence |
| title | The Impact of Market Optimism and CEO Pay Disparity on Takeover Premium and Bidder Performance: Australian Evidence |
| title_full | The Impact of Market Optimism and CEO Pay Disparity on Takeover Premium and Bidder Performance: Australian Evidence |
| title_fullStr | The Impact of Market Optimism and CEO Pay Disparity on Takeover Premium and Bidder Performance: Australian Evidence |
| title_full_unstemmed | The Impact of Market Optimism and CEO Pay Disparity on Takeover Premium and Bidder Performance: Australian Evidence |
| title_short | The Impact of Market Optimism and CEO Pay Disparity on Takeover Premium and Bidder Performance: Australian Evidence |
| title_sort | impact of market optimism and ceo pay disparity on takeover premium and bidder performance: australian evidence |
| url | http://hdl.handle.net/20.500.11937/75406 |