Books | Review Articles | Journal Publications | Mergers and Antitrust | General Bidding Strategies | Bidding in Bankruptcy Auctions | Bidder Performance
Books
Eckbo, B. Espen, Gordon Phillips and Morten Sorensen (eds.), 2023, Private Equity and Entrepreneurial Finance, (Handbook of the Economics of Corporate Finance, Vol.1,Elsevier/North-Holland).
ISBN: 978-0-12-820149-7
Eckbo, B. Espen, and Karin S. Thorburn, 2013, Corporate Restructuring, Foundations and Trends in Finance7(3), 159 - 288
ISBN: 978-1-60198-690-0, http://dx.doi.org/10.1561/0500000028
Eckbo, B. Espen (ed.), 2010, Corporate Takeovers: Modern Empirical Developments. Volume 2: Bidding Strategies, Financing, and Corporate Control, (Elsevier/Academic Press). (1,050 pages)
ISBN: 978-0-12-382016-7 http://ssrn.com/abstract=1131033
Eckbo, B. Espen (ed.), 2010, Corporate Takeovers: Modern Empirical Developments. Volume 1: Valuation Estimates and Takeover Activity, (Elsevier/Academic Press). (850 pages)
ISBN: 978-0-12-382016-7
Review articles
Eckbo, B. Espen, Andrey Malenko and Karin S. Thorburn, 2020, “Strategic Decisions in Takeover Auctions: Recent Developments” Annual Review of Financial Economics 12, 237-276.
Eckbo, B. Espen, 2014, “Corporate Takeovers and Economic Efficiency”, Annual Review of Financial Economics 6, 51-74. http://ssrn.com/abstract=2340754
Eckbo, B. Espen, 2010, “Introduction to Corporate Takeovers: Modern Empirical Developments,” in B. Espen Eckbo (ed.), Corporate Takeovers: Modern Empirical Developments, Vol. 1 and Vol. 2, (Elsevier/Academic Press), xxiii-lvii (35 pages).
30. Eckbo, B. Espen, 2009, “Bidding Strategies and Takeover Premiums: A Review”, Journal of Corporate Finance 15, 149-178. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1198342
Betton, Sandra, B. Espen Eckbo, and Karin S. Thorburn, 2008, “Corporate Takeovers”, in B. Espen Eckbo (ed.), Handbook of Corporate Finance: Empirical Corporate Finance, Volume 2, (Elsevier/North-Holland Handbook of Finance Series), Ch. 15, 291-430, 2008 http://ssrn.com/abstract=1131033
Eckbo, B. Espen and Karin S. Thorburn, 2008, “Corporate Restructuring: Breakups and LBOs”, in B. Espen Eckbo (ed.), Handbook of Corporate Finance: Empirical Corporate Finance Volume 2, (Elsevier/North-Holland Handbook of Finance Series), Ch. 16, 431-496.
Eckbo, B. Espen, 1992, “Acquisitions”, in The New Palgrave Dictionary of Money and Finance, (Macmillan Press, London), 10-13.
Eckbo, B. Espen, 1991, “Mergers, Concentration, and Antitrust”, in C. Wihlborg, M. Fratiani, T.D. Willett (eds.), Financial Regulation and Monetary Arrangements after 1992, (North-Holland, Contributions to Economic Analysis Series), chap. 6, 123-143.
Eckbo, B. Espen, 1990, “Competition and Wealth Effects of Horizontal Mergers”, in F. Mathewson, M. Trebilcock and M. Walker (eds.), The Law and Economics of Competition Policy (The Fraser Institute, Vancouver), chap. 9, 297-332.
Eckbo, B. Espen, 1988, “The Market for Corporate Control: Policy Issues and Capital Market Evidence”, in R.S. Khemani, D. Shapiro and W.T. Stanbury (eds.), Mergers, Corporate Concentration and Corporate Power in Canada (The Canadian Institute for Research on Public Policy, Montreal), Ch. 7, 143-225.
Journal Publications
Mergers and Antitrust:
Eckbo, B. Espen, 1992, “Mergers and the Value of Antitrust Deterrence”, Journal of Finance 47, 1005-1029. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1299868
Eckbo, B. Espen, 1989, “The Role of Stock Market Studies in Formulating Antitrust Policy Towards Horizontal Mergers”, Quarterly Journal of Business and Economics 28, 22-38.
Eckbo, B. Espen and Peggy Wier, 1987, “Antitrust Policy towards Mergers: Misguided Intervention Prevents Efficiency Gains”, Simon Management Review (Summer), 1-5, 1987.
Eckbo, B. Espen, 1985, “Mergers and the Market Concentration Doctrine: Evidence from the Capital Market, Journal of Business 58, 325-349. http://ssrn.com/abstract=1626944
Eckbo, B. Espen and Peggy Wier, 1985, “Antimerger Policy under the Hart-Scott-Rodino Act: A Re-Examination of the Market Power Hypothesis”, Journal of Law and Economics 28, 119-149, 1985. http://ssrn.com/abstract=1626949
Eckbo, B. Espen, 1983, “Horizontal Mergers, Collusion and Stockholder Wealth”, Journal of Financial Economics 11, 241-273. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1407747
General Bidding Strategies
Eckbo, B. Espen, Tanakorn Makaew and Karin S. Thorburn, 2018, “Are Stock-Financed Takeovers Opportunistic?” Journal of Financial Economics 128, 443-465. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2356900#%23
Betton, Sandra, B. Espen Eckbo, Rex Thompson, and Karin S. Thorburn, 2014, “Merger Negotiations
with Stock Market Feedback”, Journal of Finance 69, 1705-1745. http://ssrn.com/abstract=1835073
Betton, Sandra, B. Espen Eckbo, and Karin S. Thorburn, 2009, “Merger Negotiations and the Toehold Puzzle”, Journal of Financial Economics 91, 158-178. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=715601
Eckbo, B. Espen and Karin S. Thorburn, 2009, “Creditor Financing and Overbidding in Bankruptcy
Auctions: Theory and Tests”, Journal of Corporate Finance 15, 10-29. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=635643#
Betton, Sandra and B. Espen Eckbo, 2000, “Toeholds, Bid-Jumps, and Expected Payoffs in
Takeovers”, Review of Financial Studies 13, 841-882, 2000. (lead article). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=236384
Eckbo, B. Espen, 1991, “Anatomy of a Takeover Defense: The Southam-Torstar Standstill Agreement”, Canadian Investment Review 4 (Fall), 73-78.
Eckbo, B. Espen, Ronald Giammarino and Robert Heinkel, 1990, “Asymmetric Information and the Medium of Exchange in Takeovers: Theory and Tests”, Review of Financial Studies 3, 651-675. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1299862
Eckbo, B. Espen and Herwig Langohr, 1989, “Information Disclosure, Means of Payment, and Takeover Premiums: Public and Private Tender Offers in France”, Journal of Financial Economics 24, 363-403 http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1480846
Bidding in Bankruptcy Auctions
Eckbo, B. Espen, 2010, “Banking System Bailout – Scandinavian Style,” Journal of Applied Corporate Finance 22 (3), 85-93. http://ssrn.com/abstract=1674933
Eckbo, B. Espen and Karin S. Thorburn, 2009, “Bankruptcy as an Auction Process: Lessons from Sweden”, with Karin S. Thorburn, Journal of Applied Corporate Finance 21 (3), 36-50. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1387347
Eckbo, B. Espen and Karin S. Thorburn, 2008, “Automatic Bankruptcy Auctions and Fire-Sales”, Journal of Financial Economics 89, 404-422. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1328964
Eckbo, B. Espen and Karin S. Thorburn, 2000, “Are Mandatory Bankruptcy Auctions More Efficient?” in B. Green (ed.), Risk Behavior and Risk Management in Business Life (Kluwer Academic Publ.), 288-295.
Bidder Performance
Eckbo, B. Espen and Markus Lithell, 2023, “Merger-Driven Listing Dynamics”, Journal of Financial and Quantitative Analysis, in press. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3547581
Dessaint, Olivier, B. Espen Eckbo and Andrey Golubov, 2023, “Bidder-Specific Synergies and the Evolution of Acquirer Returns”, Management Science, in press. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3437865
Eckbo, B. Espen and Karin S. Thorburn, 2000, “Gains to Bidder Firms Revisited: Domestic and Foreign Acquisitions in Canada”, Journal of Financial and Quantitative Analysis 35, 1-25. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=191969
Eckbo, B. Espen, Vojislav Maksimovic and Joseph Williams, 1990, “Consistent Estimation of Cross-Sectional Models in Event Studies”, Review of Financial Studies 3, 343-365. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1299820
Eckbo, B. Espen, 1986, “Mergers and the Market for Corporate Control: The Canadian Evidence,” Canadian Journal of Economics 19, 236-260.