The Post‐Merger Performance of Acquiring Firms: A Re‐examination of an Anomaly

Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers

1986 • 17,982 citations

Does the Stock Market Overreact?

1985 • 7,120 citations

The market for corporate control

1983 • 4,278 citations

Measuring security price performance

1980 • 3,397 citations

The Adjustment of Stock Prices to New Information

1969 • 3,289 citations

The Adjustment of Stock Prices to New Information

2003 • 3,268 citations

Further Evidence On Investor Overreaction and Stock Market Seasonality

1987 • 2,330 citations

Does corporate performance improve after mergers?

1992 • 1,688 citations

Price performance of common stock new issues

1975 • 1,377 citations

Special Information and Insider Trading

1974 • 1,307 citations

Merger bids, uncertainty, and stockholder returns

1983 • 979 citations

Risk and return: The case of merging firms

1974 • 927 citations

Measuring abnormal performance

1992 • 864 citations

A Theory for the Choice of Exchange Medium in Mergers and Acquisitions

1987 • 750 citations

Dividends and Taxes: Some Empirical Evidence

1982 • 684 citations

Mergers, sell-offs, and economic efficiency

1988 • 675 citations

The wealth effect of merger activity and the objective functions of merging firms

1983 • 594 citations

On the Contrarian Investment Strategy

1988 • 584 citations

An exploratory investigation of the firm size effect

1985 • 531 citations

Nonstationary expected returns

1989 • 512 citations

The postmerger share-price performance of acquiring firms

1991 • 478 citations

Market Efficiency and Insider Trading: New Evidence

1988 • 461 citations

Anomalous Price Behavior Around Repurchase Tender Offers

1990 • 404 citations

An application of a three-factor performance index to measure stockholder gains from merger

1978 • 340 citations

Event study methodologies and the size effect

1986 • 310 citations