Episode 17: Vicente Cuñat on the Effect of Anti-Takeover Provisions on Shareholder Value and the Likelihood that the Firm is Acquired

Vicente Cuñat is an Associate Professor in Finance at the London School of Economics

The papers discussed in this episode are: “The Vote is Cast: The Effect of Corporate Governance on Shareholder Value”, and “Price and Probability: Decomposing the Takeover Effects of Anti-Takeover Provisions”, by Vicente Cuñat, Mireia Giné, and Maria Guadalupe. Other papers discussed in this episode are:

Angrist, J. D., & Rokkanen, M. (2015). Wanna get away? Regression discontinuity estimation of exam school effects away from the cutoff. Journal of the American Statistical Association, 110(512), 1331-1344.

Gompers, P., Ishii, J., & Metrick, A. (2003). Corporate Governance and Equity Prices. The Quarterly Journal of Cconomics, 118(1), 107-156.

Lee, D. S. (2009). Training, wages, and sample selection: Estimating sharp bounds on treatment effects. The Review of Economic Studies, 76(3), 1071-1102.