Owners on both sides of the deal : mergers and acquisitions and overlapping institutional ownership

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<rdf:Description>
<dc:creator>Goranova, M.</dc:creator>
<dc:creator>Dharwadkar, R.</dc:creator>
<dc:creator>Brandes, P.</dc:creator>
<dc:date>2010-10-15</dc:date>
<dc:description xml:lang="es">Sumario: Using a corporate governance lens, this study considers owners wiíh a stake in both the acquiring and the target firms in the context of mergers and acquisitions. A possible agency problem arises with regard to monitoring implications as managers may be able to take advantage of comprommised monitoring because overlapping owners may focus on the aggregate valué for both the acquiring and the target firms and nonoverlapping owners maybe interested only in the acquirer's side of the dea!. The results suggest that when more owners overlap in their ownership of both the acquiring and target firms, the acquiring firms are more likely to experience decreased shareholder value through merger and acquisition deals. This effect, however, can be constrained by stronger board control. </dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/124373.do</dc:identifier>
<dc:language>spa</dc:language>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Dirección de empresas</dc:subject>
<dc:subject xml:lang="es">Management</dc:subject>
<dc:subject xml:lang="es">Controlling estratégico</dc:subject>
<dc:subject xml:lang="es">Adquisición de empresas</dc:subject>
<dc:subject xml:lang="es">Valoración de empresas</dc:subject>
<dc:subject xml:lang="es">Transmisión de empresas</dc:subject>
<dc:type xml:lang="es">Artículos y capítulos</dc:type>
<dc:title xml:lang="es">Owners on both sides of the deal : mergers and acquisitions and overlapping institutional ownership</dc:title>
<dc:relation xml:lang="es">En: Strategic Management Journal. - Chichester : John Wiley & Sons, Ltd, 1991-2010 = ISSN 0143-2095. - 15/10/2010 Tomo 31 Número 10  - 2010 , p. 1114-1135</dc:relation>
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