Takeover premium and bidder performance in relation to market optimism and CEO relative compensation: Evidence from the Australian market
This paper analyses the influence of market optimism and CEO relative compensation on takeover premiums and bidder performance. Consistent with the US and UK studies, the findings reveal that bid premiums are significantly higher if the deal initiated in high market optimism. The correlation between...
| Main Authors: | , , |
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| Format: | Conference Paper |
| Published: |
2018
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| Online Access: | http://hdl.handle.net/20.500.11937/75442 |