## Abstract The purpose of this paper is to analyze the effects that takeover threats have on firms' preacquisition R&D intensity. Critics of takeovers usually argue that takeover threats may reduce target firms' R&D investments. However, I find that target firms may increase R&D investment in orde
Laboratory experiments in corporate and investment finance: a survey
β Scribed by C. Bram Cadsby; Elizabeth Maynes
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 150 KB
- Volume
- 19
- Category
- Article
- ISSN
- 0143-6570
No coin nor oath required. For personal study only.
β¦ Synopsis
In this paper the small but growing field of experimental Corporate and Investment Finance is reviewed. Excluded is the large and influential experimental asset market literature. Topics covered include experimental examination of agency problems, the interaction of risk and information choices, laboratory tests of asset pricing theories, experimental examination of financing and dividend decisions in the presence of asymmetric information between managers and investors and tests of game theoretic models of corporate takeovers. In general, studies that allow interactions among participants are more successful at corroborating Finance theories, emphasizing the importance of markets for communicating information among participants.
π SIMILAR VOLUMES
## Genetic Toxicology Association members from governmental, contract and industrial laboratories were surveyed to determine the status of 28 recognized genetic toxicology assays in their laboratories. Compiled results of the 1982 questionnaire indicate that the Ames test, in vitro cytogenetics, i
## Abstract The increasing use of proteomics has created a basis for new strategies to develop methodologies for rapid identification of protein patterns in living organisms. It has also become evident that proteomics has other potential applications than protein and peptide identification, e.g. pr
When I joined Andreas Chrambach's group in December 1983, I saw two small laboratories that seemed incredibly crowded by a wealth of equipment and machinery stacked to the high ceilings, leaving only narrow aisles that mandated walking sideways. Andreas gave me the assurance that there was enough sp