The Sole Owner Standard for Takeover Policy

The Sole Owner Standard for Takeover Policy
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收购政策的唯一所有者标准

DOI:
10.1086/468127
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发表时间:
1988
期刊:
The Journal of Legal Studies
影响因子:
--
通讯作者:
L. Bebchuk
L. Bebchuk
中科院分区:
--
文献类型:
--
作者:
L. Bebchuk

文献摘要

被引文献

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在过去五年中发表的大量论文中,我提出了一个评估标准,也就是一个目标,用于规范公司收购的法律的安排。这个标准,我称之为“无扭曲的选择”标准,也可以适当地称为“唯一所有者”标准。该标准适用于所有权分散的目标收购。根据该标准,当且仅当一家公司
In a number of papers published over the last five years, I have put forward a standard of evaluation-and thus also an objective-for the legal arrangements that govern corporate acquisitions.' This standard, which I termed the "undistorted choice" standard, might also be appropriately referred to as the "sole owner" standard. The standard was proposed for all acquisitions of targets with dispersed ownership. According to the standard, a corporation should be acquired if and only if its