Market for corporate control explained

The market for corporate control is the role of equity markets in facilitating corporate takeovers. This was first described in an article by HG Manne, "Mergers and the Market for Corporate Control".^[1] According to Manne:

In this way the market for corporate control could magnify the efficacy of corporate governance rules, and facilitate greater accountability of directors to their investors.^[2]

See also

• Associate company
• Business valuation
• Consolidation (business)
• Corporate governance
• Drag-along right
• Minority discount
• Minority interest
• Pre-emption right
• Tag-along right
• Voting interest

References

• Manne, Henry G. (1965). "Mergers and the Market for Corporate Control". 73 Journal of Political Economy 110
• Scharfstein, D. (1988). "The Disciplinary Role of Takeovers". 55 Rev Econ Stud 85
• Encyclopedia: Macey . Jonathan R. . Jonathan Macey . David R. Henderson. . Market for Corporate Control . 2008 . 2nd . . Indianapolis . 978-0865976658 . 237794267.

External links

• Encycogov.com's page

Notes and References

1. (1965) 73 Journal of Political Economy 110
2. Web site: Market for Corporate Control. 2021-03-08. Econlib. en-US.