Page info: *Author: Mathiesen, H. *Document version: 2.6. *Copyright 1997-2017, ViamInvest. Legal notice. 

 

Table: Hypotheses - Effects of market for corporate control on performance and other incentive mechanisms in corporate governance

 

Click here to see an exhibition on these issues and their relation to other hypotheses in corporate governance.

 

8) From market for corporate control to corporate performance

8A: The presence of a well functioning market for corporate control may deter managers from running the firm below its performance potential since that would make the firm vulnerable to takeover (Manne [1965], Marris [1964], and Jensen and Ruback [1983]).

 

- Copyright 1997-2017, ViamInvest. Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. Legal notice. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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