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Keywords: asymmetric bidders
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Journal Articles
Strategic Nondisclosure in Takeovers
Available to Purchase
Journal:
The Accounting Review
The Accounting Review (2022) 97 (4): 345–370.
Published: 01 July 2022
... asymmetric bidders In the market for corporate control, some potential acquirers may obtain better information about the target value than do others and target shareholders ( Hirshleifer 1995 ). This superior information can arise from their positions as insiders or better knowledge of broader market...