Value-Maximizing Managers, Value-Increasing Mergers and Overbidding

The market for corporate control

Michael C. Jensen, Richard S. Ruback · Journal of Financial Economics · 1983 · 4.2K citations

Business, Business Economics, Corporate Governance +12

The Hubris Hypothesis of Corporate Takeovers

Richard Roll · The Journal of Business · 1986 · 3.9K citations

Business, Business Economics, Economics +9

A Theory of Auctions and Competitive Bidding

Paul Milgrom, Robert J. Weber · Econometrica · 1982 · 3.8K citations

Business, Economics, Auction Theory +8

New Evidence and Perspectives on Mergers

Gregor Andrade, Mark L. Mitchell, Erik Stafford · The Journal of Economic Perspectives · 2001 · 2.7K citations · Full text

Business, Business Economics, Finance +17

Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms

Michael Bradley, Anand S. Desai, E.Han Kim · Journal of Financial Economics · 1988 · 1.8K citations

Business, Strategic Management, Corporate Finance +10