Can I read Knights, Raiders, and Targets : The Impact of the Hostile Takeover on EtoBox?

Knights, Raiders, and Targets : The Impact of the Hostile Takeover by John C. Coffee, Jr., Louis Lowenstein, Susan Rose-Ackerman is a nonfiction available to read on EtoBox.

What is Knights, Raiders, and Targets : The Impact of the Hostile Takeover about?

Fascinating as the corporate takeovers of recent years have been--with their "golden parachutes" and junk bonds, "greenmailers" and white knights--it is far from clear what underlying forces are at work, and what their long-term consequences will be. Debate over these questions has becomepolarized: some see takeover threats as disciplinary mechanisms that induce managers to behave efficiently and move assets to higher valued uses or into the hands of more efficient managers; others claim that corporate raiders have produced few observable increases in operating efficiency, butrather have disrupted business planning, enforced a preoccupation with the short-term, and tilted the balance sheets of corporate America towards dangerously high debt levels. Such sharp conflicts in theory and evidence have produced considerable governmental confusion concerning the appropriatepolicy response. Scores of bills have been introduced in Congress, but legislators are no more in agreement than scholars.Knights, Raiders, and Targets represents one of the first sustained efforts to refine and clarify these issues. Based on papers presented at a symposium sponsored by the Columbia Law School's Center

Who reads Knights, Raiders, and Targets : The Impact of the Hostile Takeover?

Author

John C. Coffee, Jr., Louis Lowenstein, Susan Rose-Ackerman

Publisher

Oxford University Press, USA

Published

1988

Language

EN

ISBN

9781423758464

Category

nonfiction

Subjects

Business, Economics, Management