Managerial Share Ownership and the Stock Price Effects of Antitakeover Amendment Proposals

1 December 1990

journal article
Published by JSTOR in The Journal of Finance

Vol. 45 (5) , 1627-1640
https://doi.org/10.2307/2328754

Abstract

Studies that test for an average stock price effect of antitakeover amendments present different results, disagreeing with respect to both the significance and the direction of the effect. This study...

Keywords

ANTITAKEOVER
SHARE OWNERSHIP
STOCK PRICE
AMENDMENT
MANAGERIAL SHARE
FAIR
RESPECT

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