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The market for corporate control
Introduction:
This page is the main page for information about the
market for corporate control.
This
market is of
major importance in corporate governance because it affects the incentives of
managers and thereby
the efficiency of the firm. The market for corporate control is defined
as equity transactions that are large enough to change corporate control. Two
classic references on the market for corporate control are Manne [1965] or
Marris [1964].
Content
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