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 language | English (US) |
|---|---|
| Pages (from-to) | 179-196 |
| Number of pages | 18 |
| Journal | Strategic Management Journal |
| Volume | 3 |
| Issue number | 3 |
| DOIs | |
| State | Published - 1982 |
ASJC Scopus subject areas
- Business and International Management
- Strategy and Management