Advanced search
Publication Cover
Applied Economics Letters Volume 15, 2008 - Issue 6
Submit an article Journal homepage
23
Views
0
CrossRef citations to date
0
Altmetric
Original Articles

The corporate effects of equity block creation and elimination

Stephen P. Ferris Department of Finance, Cornell Hall, University of Missouri-Columbia, Columbia, MO 65211, USACorrespondence[email protected]
&
Smart Saensuk Assumption University, Bangkok, Thailand
Pages 431-436 | Published online: 18 Apr 2008

References

  • Allen , JW and Phillips , G . 2000 . Corporate equity ownership, strategic alliances, and product market relationships . Journal of Finance , 55 : 2791 – 815 .
  • Barber , BM and Lyon , JD . 1996 . Detecting abnormal operating performance: the empirical power and specification of test statistics . Journal of Financial Economics , 41 : 359 – 99 .
  • Barclay , MJ and Holderness , CG . 1989 . Private benefits from control of public corporations . Journal of Financial Economics , 25 : 371 – 96 .
  • Bennedsen , M and Wolfenzon , D . 2000 . The balance of power in closely held corporations . Journal of Finance , 46 : 861 – 78 .
  • Bethel , JE , Liebeskind , JP and Opler , T . 1998 . Block share purchases and corporate performance . Journal of Finance , 53 : 605 – 34 .
  • Bradley , M and Wakeman , L . 1983 . The wealth effect of targeted sharerepurchases . Journal of Financial Economics , 11 : 301 – 28 .
  • Dann , LY and DeAngelo , H . 1983 . Standstill agreements, privately negotiated stock repurchases, and the market for corporate control . Journal of Financial Economics , 11 : 275 – 300 .
  • Denis , DJ and Denis , DK . 1995 . Performance changes following top management dismissals . Journal of Finance , 50 : 1029 – 57 .
  • Denis , DJ , Denis , DK and Sarin , A . 1997 . Ownership structure and top executive turnover . Journal of Financial Economics , 45 : 193 – 221 .
  • Denis , DJ and Sarin , A . 1999 . Ownership and board structures in small firms . Journal of Financial Economics , 52 : 187 – 223 .
  • Fama , EF and French , KR . 1993 . Common risk factors in the returns on stocks and bonds . Journal of Financial Economics , 33 : 3 – 56 .
  • Mikkelson , WH and Partch , MM . 1986 . Valuation effects of security offerings and the issuance process . Journal of Financial Economics , 15 : 31 – 60 .
  • Mikkelson , WH and Ruback , RS . 1991 . Targeted repurchases and common stock returns . Rand Journal of Economics , 22 : 544 – 61 .
  • Mitchell , ML and Stafford , E . 2000 . Managerial decisions and long-term stock price performance . Journal of Business , 73 : 289 – 329 .
  • Shleifer , A and Vishny , RW . 1986 . Large shareholders and corporate control . Journal of Political Economy , 94 : 461 – 88 .
  • Shome , DK and Singh , S . 1995 . Firm value and external blockholdings . Financial Management , 24 : 3 – 14 .
  • Wruck , KH . 1989 . Equity ownership concentration and firm value: evidence from private equity financings . Journal of Financial Economics , 23 : 3 – 28 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Supercharge Your Next Research Paper: Research and write your next paper with Jenni AI.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.