We empirically examine the relationship between the quality and reputation of a firm's
management and various aspects of its IPO and post-IPO performance, a relationship that has so …

We analyze the influence of the level as well as the change in family ownership on value
creation in mergers involving newly public firms. Our findings suggest that acquirers with low …

We develop measures of the management quality of firms and make use of a unique sample
of hand-collected data to examine the relationship between the reputation and quality of a …

We present a direct test of the choice of the medium of exchange in acquisitions when both
acquirers and targets possess private information about their own intrinsic values. We test …

Using a comprehensive sample of US firms we show that most of them have multiple
blockholders whose presence and ownership stakes lead to a significant difference between …

We present the first empirical analysis of the relationship between a firm’s management quality
and the prevalence of antitakeover provisions in its corporate charter and their influence …

We use hand‐collected data on the management quality of firms making seasoned equity
offerings (SEOs) or initial public offerings (IPOs) to analyze the relationship between …

In recent years, tracking stocks, which amount to a new form of corporate restructuring, have
been gaining in popularity. In 1999 alone, 17 companies announced new tracking stock …

This study addresses the relationship between founder ownership and firm value in young
and entrepreneurial businesses. We argue that a stewardship effect prevails when founders …

We examine the influence of multiple blockholders on the ownership-firm value relationship
for a comprehensive sample of US firms. Additional blockholders can either form a coalition …