This unit examines the motives and incentives for mergers, acquisitions and takeovers. It measures security price performance and the causes and consequences of takeovers. We look at corporate raiders and corporate governance through proxy contests. A comparison of the effects of share market repurchases versus cash dividends as forms of corporate payouts are studied. Other issues include anti-takeover defences, executive compensation structures, ownership and firm performance. -- Course Website
Prerequisites: 2807 (v.6)<br/> Managerial Finance 212<br/> <br/> or any previous version<br/> <br/> <br/><br/> <br/> OR<br/><br/> <br/> 12607 (v.4)<br/> Finance Principles 215<br/> <br/> or any previous version
