DC Field | Value | Language |
---|---|---|
dc.contributor.author | Lee, Kyounghun | ko |
dc.contributor.author | Oh, Frederick Dongchuhl | ko |
dc.date.accessioned | 2024-09-05T10:00:27Z | - |
dc.date.available | 2024-09-05T10:00:27Z | - |
dc.date.created | 2022-10-04 | - |
dc.date.issued | 2024-01 | - |
dc.identifier.citation | APPLIED ECONOMICS LETTERS, v.31, no.1, pp.65 - 70 | - |
dc.identifier.issn | 1350-4851 | - |
dc.identifier.uri | http://hdl.handle.net/10203/322716 | - |
dc.description.abstract | This paper investigates the role of freeze-out mergers in mitigating the free-rider problem in tender offers. In contrast to a framework in which each shareholder owns exactly one share, our model allows shareholders to have multiple shares. We find that a more aggressive freeze-out clause forces shareholders to tender more shares. Therefore, raiders capture a greater amount of surplus when the requirement for freeze-out mergers becomes easier to satisfy. | - |
dc.language | English | - |
dc.publisher | ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD | - |
dc.title | Freeze-out mergers: the case of shareholders with multiple shares | - |
dc.type | Article | - |
dc.identifier.wosid | 000858003900001 | - |
dc.identifier.scopusid | 2-s2.0-85139030018 | - |
dc.type.rims | ART | - |
dc.citation.volume | 31 | - |
dc.citation.issue | 1 | - |
dc.citation.beginningpage | 65 | - |
dc.citation.endingpage | 70 | - |
dc.citation.publicationname | APPLIED ECONOMICS LETTERS | - |
dc.identifier.doi | 10.1080/13504851.2022.2125492 | - |
dc.contributor.localauthor | Oh, Frederick Dongchuhl | - |
dc.description.isOpenAccess | N | - |
dc.type.journalArticle | Article | - |
dc.subject.keywordAuthor | Tender offer | - |
dc.subject.keywordAuthor | free-rider problem | - |
dc.subject.keywordAuthor | freeze-out | - |
dc.subject.keywordAuthor | multiple shares | - |
dc.subject.keywordPlus | TAKEOVER BIDS | - |
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