The first part of this paper introduces different patent policy instruments and reviews their effects on R&D and economic growth. This part also discusses the distortionary effects and distributional consequences of IPR protection as well as empirical evidence on the effects of patent rights. Then, ...
1980. "Disclosure Laws and Takeover Bids." The Journal of Finance 35: 323-334. Grossman, Sanford J. 1981. "The Informational Role of Warranties and ... SJGD Hart - 《Journal of Finance》 被引量: 0发表: 1980年 Toehold Strategies, Takeover Laws And Rival Bidders Prior to the announcemen...
Gabaix X, Laibson D (2006) Shrouded attributes, consumer myopia, and information suppression in competitive markets. Q J Econ 121(2):505–540 Article Google Scholar Grossman SJ, Hart OD (1980) Disclosure laws and takeover bids. J Financ 35(2):323–334 Article Google Scholar Katz A (19...
Considering two common dimensions of online reviews, number of reviews and rating, this paper investigates the impacts of online reviews on the firm's pricing and quality disclosure strategies when selling the product through an online platform's agency or resell scheme. By setting up a two-...
This thesis examines disclosure of 250 profit forecasts in 701 UK takeover bids in the period 1988 to 1992 against five research issues:- Factors influencing disclosure of forecasts- Influence of prevailing market expectations- Effect of disclosure of forecasts on the outcome of bids- Factors ...
solicitation rules. If, in the future, Bidco exercises its right to implement the Offer by way of a Takeover Offer and determines to extend the Takeover Offer into the United States, the Takeover Offer will be made in compliance with applicable U.S. laws and regulations including without ...
(1) Complying with Relevant Laws and Regulations Comply with relevant laws such as Financial Instruments and Exchange Act and Companies Act and regulations of stock exchanges. (2) Timeliness Disclose in a timely manner without delay any facts which should be disclosed when found. ...
1999. Voluntary disclosure of profit forecasts by target companies in takeover bids. J. Bus. Finance and Accounting 26 883-918.Brennan N (1999) Voluntary disclosure of profit forecasts by target companies in takeover bids. J. Bus. Finance Accounting 26(7-8): 883-917....
range [0,bB2]. For any scalark∈ [0,bB2], there exists an equilibrium with a bias ofkat the disclosure threshold. Fork∈ [0,bB2), the implicit Eqs.1and4, which define the disclosure thresholdskand the biasing functionbk(s), respectively, take the following form after substitutingbk(sk)...
The securities and exchange act not only prohibits the making of false statements, but also requires that parties to a takeover bid make positive disclosures. This paper discusses some of the effects of requiring positive disclosure as opposed to simply outlawing the making of false statements.S....