Which of the following explanations is considered most likely to contribute to the positive wealth effects measured in empirical studies on takeovers?
A)Greater asset productivity.
B)Target undervaluations.
C)Shareholders' gains being transferred from debtholders or employees.
D)Cash liquidity.

Question

Quizplus · Accepted Answer

Greater asset productivity is considered most likely to contribute to the positive wealth effects measured in empirical studies on takeovers.

Which of the Following Explanations Is Considered Most Likely to Contribute