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Publication Date

10-1-1986

Series Information

Contemporary Issues Series 21

Publisher

Center for the Study of American Business (CSAB), Washington University in St. Louis, St. Louis, MO 63130

Description

This article refutes the need for government to intervene in hostile takeovers, arguing instead that the blame lies with board management. Acknowledging that "hostile" takeovers represent just a small fraction of all mergers, it stresses that corporate boards ultimately have the final say in all decisions.

Keywords

Board of Directors, Shareholders, Corporate Takeovers, Management, Government Intervention, Economic Efficiency

Disciplines

Economics | Public Policy

Comments

The Center for the Study of American Business (CSAB), 1975-2001, is the predecessor of the Weidenbaum Center on the Economy, Government, and Public Policy at Washington University in St. Louis.

Permanent URL: http://dx.doi/org/10.7936/K7319T2R

DOI

doi:10.7936/K7319T2R

Responding to Corporate Takeovers: Raiders, Management, and Boards of Directors

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