Characteristics of Targets of Hostile and Friendly Takeovers
    Published Date 
  
  
    Copyright 1988
  
  
    ISBN 0226032116
  
 
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      Copy CitationRandall Morck, Andrei Shleifer, and Robert W. Vishny, Corporate Takeovers: Causes and Consequences (University of Chicago Press, 1988), chap. 4, https://www.nber.org/books-and-chapters/corporate-takeovers-causes-and-consequences/characteristics-targets-hostile-and-friendly-takeovers.
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      Compared to an average Fortune 500 firm, a target of a hostile takeover is smaller, older, has a lower Tobin's Q,...
   
 
     
    