We show that a large number of firms adopt poison pills during periods of market turmoil.
Specifically, during the coronavirus pandemic, many firms adopted poison pills following …

Takeover defenses are ubiquitous in corporate life: over 99% of mature firms and 92% of
new initial public offering (IPO) firms have at least one of the six E-index defenses, and most …

New evidence from acquisition decisions suggests that antitakeover provisions (ATPs) may
increase firm value when internal corporate governance is sufficiently strong. We document …

This paper explores the resilience of French listed companies to the COVID-19 shock. We
examine the effect of numerous firm characteristics related to financial flexibility, ownership …

We provide the first systematic evidence of contractual innovation in the terms of poison pill
plans. In response to the increase in hedge fund activism, pills have changed to include anti …

Springer MRW: [AU:, IDX:] Page 1 C Corporate Purpose Selina Neri Hult International Business
School, Dubai Internet City, Dubai, United Arab Emirates Definition Corporate purpose can be …

For decades, academics and practitioners aim to understand whether and how (economic)
events affect firm value. Optimally, these events occur exogenously, ie suddenly and …

We study the governance consequences of institutional investors' re-balancing between
internal and external monitoring mechanisms. We exploit a regulatory experiment that lifted …

My dissertation contains three essays related to the areas of corporate gover-nance,
accounting and law. Chapter 1 sets out to investigate the intersection of corporate …

The essays study the value effects and the determinants of a recent corporate governance
innovation–the usage of low threshold poison pills to protect net operating loss …