The Market for Corporate Control: The Empirical Evidence Since 1980
回顾了1980年代以来公司控制权市场的活跃情况，考察了收购方和目标公司的收益以及防御敌意收购的效果，适合关注并购和公司治理的学者快速判断是否阅读原文。
In the 1980s, the market for corporate control has been increasingly active, and the quantity of output of academic researchers studying corporate control questions has mirrored the market activity. This review examines the returns to bidders and targets, and the effects of defending against hostile takeovers.