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The Market for Corporate Control

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Abstract

Bidders and targets in cross-border mergers, in both financial and non-financial industries, appear to perform better than purely in domestic takeovers although this may be due to differences in the bidders’ and targets’ corporate governance regimes. Research findings are, as yet, mixed as to whether private equity financed takeovers earn significant returns on exit. The impact of recent reforms to UK legislation concerning competition rules are yet to be fully understood but whilst it appears to have enabled anti-trust actions to be taken more quickly, some consider the reforms intrusive whilst others consider the reforms are insufficient.

Keywords

Corporate Governance Earning Management Private Equity Corporate Control Leverage Buyout 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© William Forbes and Lynn Hodgkinson 2015

Authors and Affiliations

  1. 1.Loughborough UniversityUK
  2. 2.Bangor Business SchoolUK

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