Corporate vulnerability to cash tender offers

George W. Gallinger

Research output: Contribution to journalArticle

2 Scopus citations

Abstract

This paper reports and discusses empirical results of a study which examines why some firms are attacked via unfriendly tender offers and other firms are not. The evidence indicates that target firms' managers ineffectively plan and/or implement business strategy, thus increasing their vulnerability to takeovers.

Original languageEnglish (US)
Pages (from-to)179-196
Number of pages18
JournalStrategic Management Journal
Volume3
Issue number3
DOIs
StatePublished - 1982

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management

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