The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Corporate Governance and Merger Activity in the United States: Making Sense of the 1980s and 1990s
Open accessAbstract
This paper describes and considers explanations for changes in corporate governance and merger activity in the United States since 1980. Corporate governance in the 1980s was dominated by intense merger activity distinguished by the prevalence of leveraged buyouts (LBOs) and hostility. After a brief decline in the early 1990s, substantial merger activity resumed in the second half of the decade, while LBOs and hostility did not. Instead, internal corporate governance mechanisms appear to have played a larger role in the 1990s. We conclude by considering whether these changes and the movement toward shareholder value are likely to be permanent.
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Cited by
Corporate Governance and Equity Prices
Gompers, P., Ishii, J., & Metrick, A. (2003) · The Quarterly Journal of Economics · doi:10.1162/00335530360535162 · Cited by 6,120
The resource-based view of the firm: Ten years after 1991
Barney, J., Wright, M., & Ketchen, D. J. (2001) · Journal of Management · doi:10.1177/014920630102700601 · Cited by 3,451
Frydman, C., & Jenter, D. (2010) · Annual Review of Financial Economics · doi:10.1146/annurev-financial-120209-133958 · Cited by 542
Executive Pay, Hidden Compensation and Managerial Entrenchment
Kuhnen, C. M., & Zwiebel, J. H. (2007) · doi:10.2139/ssrn.972622 · Cited by 116
Indigenous Belief in a Just World: New Zealand Māori and Other Ethnicities Compared
Grimes, A., MacCulloch, R., & McKay, F. (2015) · doi:10.2139/ssrn.2668388 · Cited by 30
Metadata
- Authors
- Holmstrom, B., & Kaplan, S. N.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 2001-05-01
- Volume
- 15
- Issue
- 2
- Pages
- 121-144
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W2055554815
- Cited by
- 695
- References
- 2
- FWCI
- 137.94
- Type
- journal article
- Language
- en
- Open access
- bronze
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
