| dc.contributor.author | Działo, Joanna | |
| dc.contributor.author | Alberciak, Paweł | |
| dc.date.accessioned | 2024-03-01T12:31:32Z | |
| dc.date.available | 2024-03-01T12:31:32Z | |
| dc.date.issued | 2003 | |
| dc.identifier.issn | 1508-2008 | |
| dc.identifier.uri | http://hdl.handle.net/11089/50500 | |
| dc.description.abstract | The paper focuses on the efficiency of a capital market in the process
of corporate governance. The efficiency is concerned in a context of the
company 's structure of ownership. It is stated that dispersed ownership is most
favorable for takeovers than in of concentrated ownership. The paper provides
a model of a takeover that analyses relationship between the company 's
ownership structure and the motives behind takeovers. A specific case of a
toehold as a factor exerting a discipline on managers' activities is investigated.
The paper ends up with same concluding remarks on the discussed issues. | pl_PL |
| dc.language.iso | en | pl_PL |
| dc.publisher | Wydawnictwo Uniwersytetu Łódzkiego | pl_PL |
| dc.relation.ispartofseries | Comparative Economic Research. Central and Eastern Europe;1-2 | |
| dc.title | The capital market in the process of corporate governance | pl_PL |
| dc.type | Article | pl_PL |
| dc.page.number | 115-126 | pl_PL |
| dc.identifier.eissn | 2082-6737 | |
| dc.references | Collin S.O., The Institutional Control ofthe Corporation - extending the debate on the separation of ownership from control, "Corporate Governance Research Papers", 1995, Vol. 3, No. 3. | pl_PL |
| dc.references | Grossman S. J., Hart O. D., Takeover bids, the free-rider problem, and theory of the corporation, "The Bell Journal of Economics" 11, Spring 1980. | pl_PL |
| dc.references | Hirschman A.O., Exit, Voice and Loyalty: Responses to Decline in Firms, Organizations and States, Harvard University Press, Cambridge, MA, 1970. | pl_PL |
| dc.references | Yago G., Stevenson G., Mergers and acquisitions in the New Jersey economy, New York: Securities Industry Associations 1986. | pl_PL |
| dc.references | Jarrell G.A., Brickley J.A., NetterJM, The marketfor corporate control: The empirical evidence since 1980, "Journal of Economic Perspectives" 1988, No 2. | pl_PL |
| dc.references | Jenkinson T., Mayer C., Wrogie przejęcia na rynku kapitałowym: Obrona, atak i rynek kontroli, Wydawnictwo K. E. Liber, Warszawa 1998. | pl_PL |
| dc.references | Jensen M.C., Takeovers: Their causes and consequences, "Journal of Economic Perspectives" 1988, No 2. | pl_PL |
| dc.references | Jensen M.C., Ruback R.S., The market for corporate control: The scientific evidence, "Journal of Financial Economic" 1983, No 2. | pl_PL |
| dc.references | Manne H. G., Mergers and the Marketfor Corporate Control, "Journal of Political Economy", April 1965. | pl_PL |
| dc.references | Martin K.J., McConnell J.J., Corporate performance, corporate takeovers and management turnover, University ofiowa: Ames 1989. | pl_PL |
| dc.references | Morek R., Shleifer A. and Vishny R.W., Characteristics of targets of Hostile and Friendly Takeovers, in: A.J. Auerbach (ed.), Corporate Takeovers Causes and Consequences, University of Chicago Press, 1998 | pl_PL |
| dc.references | Walsh J.P., Top management turnover following mergers and acquisitions, "Strategie Management Journal" 1988, no 9. | pl_PL |
| dc.references | Walsh J.P., Doing a deal: Merger and acquisition negotiations and their impact upon target company top management turnover, "Strategie Management Journal" 1989, No 10. | pl_PL |
| dc.references | Walsh J.P., Ellwood J.W., Mergers, acquisitions and the pruning of managerial deadwood, Dartmouth College, Amos Tuck School Of Business Administration, Hanover 1989. | pl_PL |
| dc.relation.volume | 6 | pl_PL |
| dc.discipline | ekonomia i finanse | pl_PL |
