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PDF] The market for corporate control by Michael C. Jensen, Richard S. Ruback · 10.1016/0304-405x(83)90004-1 · OA.mg
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![PDF] Chapter 4 The theory of the market for corporate control and the current state of the market for corporate control in China | Semantic Scholar](https://d3i71xaburhd42.cloudfront.net/ebf93643c0e597f5897354277c406fe11db84646/36-Table4-3-1.png "PDF] Chapter 4 The theory of the market for corporate control and the current state of the market for corporate control in China | Semantic Scholar")
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SOLVED: If the market for corporate control were efficient as a governance device, then only would be targets for takeovers. a. firms with unethical top executives b. poorly performing firms c. overvalued
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![PDF] Chapter 4 The theory of the market for corporate control and the current state of the market for corporate control in China | Semantic Scholar](https://d3i71xaburhd42.cloudfront.net/ebf93643c0e597f5897354277c406fe11db84646/43-Figure4-3-1.png "PDF] Chapter 4 The theory of the market for corporate control and the current state of the market for corporate control in China | Semantic Scholar")
PDF] Chapter 4 The theory of the market for corporate control and the current state of the market for corporate control in China | Semantic Scholar
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