A century of corporate takeovers: What have we learned and where do we stand?

By M. Martynova, Luc Renneboog. 2008

623 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/5be7d1b9c9346249320a2a29090516ba19ef9a57

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Citations in the corpus

The motives and performance of cross-border acquirers from emerging economies: Comparison between Chinese and Indian firms (2013, neutral): “…studies have illustrated that cash-financed M&As yield positive abnormal returns, whereas stock-financed M&As generate negative abnormal returns (Blackburn, Dark, & Hanson, 1997; Brown & Ryngaert, 1991; Faccio & Masulis, 2005; Mann & Kohli, 2009; Martynova & Renneboog, 2008; Smith & Kim, 1994).”
What Determines the Financing Decision in Corporate Takeovers: Cost of Capital, Agency Problems, or the Means of Payment? (2008, neutral): “In the context of corporate 12 For an overview of the determinants of takeover returns see Martynova and Renneboog (2008d). takeovers, Bharadwaj and Shivdasani (2003) also document positive market response to the announcements of bank-funded deals.”
Do cross-border mergers and acquisitions increase short-term market performance? The case of Chinese firms (2017, background): “Despite the rapid pace and increasing importance of cross-border M&As by Chinese firms, existing research has predominantly focused on M&As undertaken by firms from developed countries (Ghosh, 2001; Kruse, et al., 2007; Martynova & Renneboog, 2008; Pazarskis, et al., 2006; Sharma & Ho, 2002).”
Director Networks and Takeovers (2013, neutral): “A comprehensive overview of long and short term M&A returns for bidders and targets around the world since the early 20 th century can be found in Martynova and Renneboog (2008a).”
Credit Ratings and the Choice of Payment Method in Mergers and Acquisitions (2014, neutral): “acquisitions of private targets (Chang (1998), Moeller et al. (2004) and Officer, Poulsen and Stegemoller (2009)).”
How Swiss small and medium-sized firms assess the performance impact of mergers and acquisitions (2013, neutral): “There is a broad theoretical and empirical literature on the economic performance of mergers and acquisitions (M&A) (see, e.g., Agrawal and Jaffe 2000; Kaplan 2000; Martynova and Renneboog 2008; Gugler et al. 2012).”
Incentive and entrenchment effects in European ownership (2009, background): “In Column 6 we examine whether firms with a disproportional ownership structure are less active on the takeover market than firms with proportional ownership structure (see Martynova and Renneboog (2008) for a general overview of the level takeover activity).”
Performance of domestic and cross-border acquisitions: empirical evidence from Russian acquirers (2012, background): “However, more recent studies find that acquisitions can generate value for acquirers (Martynova and Rennebog, 2008).”