Download Full Text (706 KB)
Contemporary Issues Series 21
Center for the Study of American Business (CSAB), Washington University in St. Louis, St. Louis, MO 63130
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.
Board of Directors, Shareholders, Corporate Takeovers, Management, Government Intervention, Economic Efficiency
Economics | Public Policy
Weidenbaum, Murray L., "Responding to Corporate Takeovers: Raiders, Management, and Boards of Directors", Contemporary Issues Series 21, 1986, doi:10.7936/K7319T2R.
Murray Weidenbaum Publications, https://openscholarship.wustl.edu/mlw_papers/12.