Do Auctions Induce a Winner's Curse? New Evidence from the Corporate Takeover Market

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The effect of target-firm accounting quality on valuation in acquisitions (2014, unknown): “9 In contrast, Boone and Mulherin (2008), using a sample of 308 acquisitions, fails to find evidence for the winner’s curse.”
Enterprise Risk Management and the Cost of Capital (2016, unknown): “9 Boone and Mulherin (2008) study 308 U.”
Implications of Data Screens on Merger and Acquisition Analysis: A Large Sample Study of Mergers and Acquisitions from 1992 to 2009 (2011, background): “At the opposite extreme, a recent publication by Boone and Mulherin (2008) looks at about 300 acquisitions, but does so in detail.”
Endogeneity in CEO power: A survey and experiment (2016, unknown): “their primary approach to examine the impact offinance supply onR&D,Campello (2006), who studied the effects of debt financing, and Coles, Li, and Wang (2014), who explored the industry pay gap.”
Target’s earnings quality and bidders’ takeover decisions (2013, unknown): “Boone and Mulherin (2008) fail to find evidence for the winner’s curse in the private auction process that precedes the announcement of some takeover deals that are initiated by the target.”