Empirical research about the market for corporate control in Repulic of Croatia (CROSBI ID 181150)
Prilog u časopisu | izvorni znanstveni rad
Podaci o odgovornosti
Filipović, Davor ; Cingula, Marijan ; Tipurić, Darko
engleski
Empirical research about the market for corporate control in Repulic of Croatia
The market for corporate control can be viewed as an exogenous organizational variable that puts pressure on managers to behave and make investment decisions that are coherent with the interests of shareholders. With the respect to the fact that there is a lack of researches in the Republic of Croatia regarding the impact of the market for corporate control on the performance of the target companies and taking into consideration that poor effectiveness of the management for a longer period of time results in poor company performance, this paper will test the hypothesis the hypothesis according to which companies that have a below average profitability in its industry, over a longer period of time, are more likely to become takeover targets as compared to other companies in the industry. This paper also examines the impact of the market for corporate control on the performance of target companies after the takeover.
market for corporate control ; takeover ; empirical research ;
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
Podaci o izdanju
20 (2)
2011.
385-396
objavljeno
1330-1039
1848-963X
Povezanost rada
Ekonomija