Results 211 to 220 of about 37,249 (382)
Anchoring in Takeovers Under Mandatory Bid Rule: Evidence From an Emerging Market
Economics of Transition and Institutional Change, EarlyView.ABSTRACT This article documents the existence of an anchoring bias in the pricing and acceptance of takeover bids in a blockholder regime where the mandatory bid rule applies. Our analysis, performed on the Romanian market for corporate control, shows that the 52‐week high price of the target and the pricing of direct privatisations conducted by the ...
Adrian Pop, Diana Pop
wiley +1 more source
Pandora's Box: Cross-Chain Arbitrages in the Realm of Blockchain Interoperability [PDF]
arXivOver recent years, the blockchain ecosystem has grown significantly with the emergence of new Layer-1 (L1) and Layer-2 (L2) networks. These blockchains typically host Decentralized Exchanges (DEXes) for trading assets such as native currencies and stablecoins.
arxiv
Arbitrage, duality and asset equilibria [PDF]
, 2000 Rose‐Anne Dana, Cuong Le Van
openalex +1 more source
The Economic History Review, EarlyView.Abstract Sustained long‐distance trade in the early modern era necessitated institutional mechanisms capable of solving three interrelated challenges: the need to mobilize an unprecedented volume of capital and to lock it in for long periods of time, ways of mitigating the principal–agent problem across continents, and methods to internalize and ...
Juan José Rivas Moreno
wiley +1 more source
Who captures whom? Regulatory misperceptions and the timing of cognitive capture
Regulation &Governance, Volume 17, Issue 1, Page 43-60, January 2023., 2023 Abstract To explain cognitive capture, economic sociologists often examine the structure of relationships between regulators and market participants. This paper argues that the nature of regulators' misperception should be subject to analysis as well. Different types of misperceptions develop over timelines of varying lengths.
Georg Rilinger
wiley +1 more source
Integration and arbitrage in the Spanish financial markets: An empirical approach* [PDF]
, 2000 Alejandro Balbás +2 more
openalex +1 more source
The role of financial investors in successful family‐firm takeovers: A configurational approach
European Management Review, EarlyView.Abstract Family firms increasingly opt for an external succession route and sell shares to financial investors. Yet, not all family‐firm takeovers by financial investors are financially successful. To date, however, we lack a nuanced understanding of the conditions under which financial investors' family‐firm takeovers will succeed financially.
Nadine Kammerlander +2 more
wiley +1 more source
Review of Development Economics, Volume 27, Issue 1, Page 291-322, February 2023., 2023 Abstract Using an overlapping generations model, we show that the impact of private financing of education on growth depends on credit market development, being positive when credit markets are adequately developed but negative if sufficiently low levels of credit market development occur alongside relatively high private financing intensities ...
Michael Hatcher +1 more
wiley +1 more source