SSRN-Do Antitakeover Provisions Harm Shareholders? by Miroslava Straska, H. Gregory Waller

SSRN-Do Antitakeover Provisions Harm Shareholders? by Miroslava Straska, H. Gregory Waller:Interesting. "We document that firms with characteristics indicating low power to bargain for favorable terms in a takeover, but also indicating high potential agency costs, have more antitakeover provisions in place. We also find that for these firms, Tobin’s Q increases in the number of adopted provisions