What factors drive takeovers in Australia? Porter, Joshua and Singh, Harminder 2010, What factors drive takeovers in Australia?, International journal of business and economics, vol. 9, no. 2, pp. 87-103. Attached Files Name Description MIMEType Size Downloads Title What factors drive takeovers in Australia? Author(s) Porter, Joshua Singh, Harminder orcid.org/0000-0003-2249-2387 Journal name International journal of business and economics Volume number 9 Issue number 2 Start page 87 End page 103 Total pages 17 Publisher Feng Chia University, College of Business Place of publication Taichung, Taiwan Publication date 2010 ISSN 1607-0704 Keyword(s) takeovers synergy agency Summary We examine the relationships between the wealth changes associated with a takeover announcement to distinguish between three major competing motives—synergy, hubris, and agency. Empirical tests indicate that the synergy motive is the predominant explanation for the majority of takeovers in Australia; however, the evidence is consistent with the simultaneous presence of hubris in value-creating takeovers. The evidence also suggests agency, not hubris, is the primary motivation for the takeovers which result in value destruction. Language eng Field of Research 150299 Banking, Finance and Investment not elsewhere classified Socio Economic Objective 900101 Finance Services HERDC Research category C1 Refereed article in a scholarly journal HERDC collection year 2010 Copyright notice ©2010, Feng Chia University Persistent URL http://hdl.handle.net/10536/DRO/DU:30031041 Document type: Journal Article Collections: Faculty of Business and Law School of Accounting, Economics and Finance Related Links Link Description Connect to published version (restricted access) Go to link with your DU access privileges     Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Versions Version Filter Type Wed, 03 Nov 2010, 13:46:50 EST Wed, 10 Nov 2010, 08:47:47 EST Wed, 10 Nov 2010, 08:54:47 EST Wed, 10 Nov 2010, 08:56:00 EST Thu, 11 Nov 2010, 07:42:34 EST Fri, 12 Nov 2010, 07:38:10 EST Fri, 05 Aug 2011, 15:20:52 EST Fri, 05 Aug 2011, 15:23:09 EST Filtered Full Citation counts:   Cited 0 times in TR Web of Science Cited 0 times in Scopus Search Google Scholar Access Statistics: 753 Abstract Views, 2 File Downloads  -  Detailed Statistics Created: Wed, 03 Nov 2010, 13:46:45 EST by Katrina Fleming

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