Browsing NHH Brage by Author "Foldal, Rasmus"
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The Impact of Corporate Governance and Excess Cash Reserves on Acquisition Performance : An empirical analysis of acquirer returns during the last decade in the Nordics
Hansteen, Tor Henrik; Foldal, Rasmus (Master thesis, 2021)This thesis researches the effect of agency costs on abnormal stock returns of bidders during the M&A-announcement period. According to agency theory, principal-agency costs may be mitigated if the shareholders (the ...