Governance and the Market for Corporate Control [Paperback]

Governance and the Market for Corporate Control is a textbook for use on business courses dealing with mergers, acquisitions, governance restructuring and corporate control.

Three key features distinguish this book from competing texts. First, following up on recent developments in the corporate arena, it places a heavy emphasis on managerial compensation, incentives and corporate performance. Second, its conciseness allows for flexibility of use. Third, its coverage is broad and examines many topics including:

• significant discussions of corporate governance
• power and voting
• managerial compensation
• takeovers
• going private transactions
• corporate restructuring
• event study methodology.

As well as combining theoretical, empirical, quantitative and practitioner-oriented matter, the material in this key book provides the academic foundation necessary to ensure students understanding of important concepts.

1. An Introduction to the Market for Corporate Control  2. Corporate Boards, Power and Voting  3.  Managerial Compensation, Shareholdings and Performance  4. Corporate Takeovers  5. Takeover Valuation  6. Going Private and Other Control Transactions  7. Event Study Methodology  8. Empirical Evidence on Takeover Activity  9. Corporate Governance Failures

'Dr. Teall has done an admirable job distilling the essential concepts, problems and theories of corporate control into a single concise and accessible volume. Topics in this well organized text range from the theory of the firm and corporate acquisitions to power, voting, abuses and excesses of managerial entrenchment and compensation policy. Theories and models are explal“É