Consistent Estimation of Cross-Sectional Models in Event Studies

Limited-dependent and qualitative variables in econometrics

1983 • 13,615 citations

Using daily stock returns

1985 • 6,463 citations

Likelihood Ratio Tests for Model Selection and Non-Nested Hypotheses

1989 • 5,821 citations

Measuring security price performance

1980 • 3,397 citations

Principles of Econometrics

1973 • 3,349 citations

Equity issues and offering dilution

1986 • 1,479 citations

Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns

1987 • 1,417 citations

Predicting takeover targets

1986 • 1,399 citations

Valuation effects of security offerings and the issuance process

1986 • 1,281 citations

The gains to bidding firms from merger

1983 • 1,026 citations

Seasoned equity offerings

1986 • 943 citations

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

1987 • 750 citations

The Impact of Merger-Related Regulations on the Shareholders of Acquiring Firms

1983 • 583 citations

Preemptive Bidding and the Role of the Medium of Exchange in Acquisitions

1989 • 556 citations

Valuation effects of corporate debt offerings

1986 • 490 citations

Target abnormal returns associated with acquisition announcements: Payment, acquisition form, and managerial resistance

1987 • 461 citations

Asymmetric Information and the Medium of Exchange in Takeovers: Theory and Tests

1990 • 432 citations

Partially anticipated events: A model of stock price reactions with an application to corporate acquisitions

1985 • 312 citations

An Approach to Statistical Inference in Cross-Sectional Models with Security Abnormal Returns As Dependent Variable

1986 • 273 citations

Mergers and the Market Concentration Doctrine: Evidence from the Capital Market

1985 • 267 citations

Repurchase Tender Offers, Signaling, and Managerial Incentives

1984 • 262 citations

Antimerger Policy under the Hart-Scott-Rodino Act: A Reexamination of the Market Power Hypothesis

1985 • 249 citations

Social Experimentation, Truncated Distributions, and Efficient Estimation

1977 • 234 citations

Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns

1987 • 211 citations

Conditioning the Return-Generating Process on Firm-Specific Events: A Discussion of Event Study Methods

1985 • 190 citations

A Sequential Signalling Model of Convertible Debt Call Policy

1985 • 180 citations

Measuring Abnormal Performance: The Event Parameter Approach Using Joint Generalized Least Squares

1986 • 149 citations

Information disclosure, method of payment, and takeover premiums

1989 • 148 citations

An Empirical Analysis of the Role of the Medium of Exchange in Mergers

1983 • 129 citations

A Generalized Econometric Model and Tests of a Signalling Hypothesis with Two Discrete Signals

1988 • 101 citations

Concentration, Mergers and Public Policy

1984 • 94 citations

Studying Firm-Specific Effects of Regulation with Stock Market Data: An Application to Oil Price Regulation

1986 • 88 citations

Preemptive Bidding and the Role of the Medium of Exchange in Acquisitions

1989 • 88 citations

Investigating security-price performance in the presence of event-date uncertainty

1988 • 77 citations

A Sequential Signalling Model of Convertible Debt Call Policy

1985 • 68 citations

Stock price reactions as surrogates for the net cash flow effects of corporate policy decisions

1988 • 56 citations

Information Disclosure, Method of Payment, and Takeover Premiums: Public and Private Tender Offers in France

1989 • 42 citations

A Generalized Econometric Model and Tests of a Signalling Hypothesis with Two Discrete Signals

1988 • 34 citations

An Empirical Analysis of the Role of the Medium of Exchange in Mergers

1983 • 30 citations

Competitive advantage and collusion

1985 • 6 citations