Corporate Finance
Corporate Finance
3rd Edition
ISBN: 9780132992473
Author: Jonathan Berk, Peter DeMarzo
Publisher: Prentice Hall
Question
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Chapter 29.4, Problem 2CC
Summary Introduction

To discuss: The role of takeovers in corporate governance.

Introduction:

The way wherein the stakeholders of a company control the affairs of the firm to guarantee their return on investment is termed as corporate governance.

The transfer of control of a company from one shareholders’ group to another is termed as a takeover.

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