Board structure, mergers, and shareholder wealth: a study of the mutual fund industry

We study mutual fund mergers between 1999 and 2001 to understand the role and effectiveness of fund boards. Some fund mergers—typically across-family mergers—benefit target shareholders but are costly to target fund directors. Such mergers are more likely when funds underperform and their boards hav...

সম্পূর্ণ বিবরণ

গ্রন্থ-পঞ্জীর বিবরন
প্রধান লেখক: Tufano, P, Khorana, A, Wedge, L
বিন্যাস: Conference item
প্রকাশিত: 2004