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) |
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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