Market for corporate control
Encyclopedia
The market for corporate control is a description of the role of equity
markets in facilitating corporate takeovers first put forward in an article by HG Manne, ‘Mergers and the Market for Corporate Control’. 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.
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
markets in facilitating corporate takeovers first put forward in an article by HG Manne, ‘Mergers and the Market for Corporate Control’. 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.
External links
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