The Real Effects of Financial Markets: The Impact of Prices on Takeovers

Material TypeArticleLanguageEnglish
TitleThe Real Effects of Financial Markets: The Impact of Prices on Takeovers Author(S)ALEX EDMANS (Author)
Abstract  Using mutual fund redemptions as an instrument for price changes, we identify a strong effect of market prices on takeover activity (the “trigger effect”). ...Paginationp 933–971
SubjectEconomicsDescriptorsEconomics
Journal TitleThe Journal of Finance  
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