Economic Determinants of Legal Outcomes in Norwegian Public Compulsory Buyouts
dc.contributor.author | Berner, Jacob Lundh | |
dc.contributor.author | Ødegård, William August | |
dc.date.accessioned | 2021-10-19T12:46:58Z | |
dc.date.available | 2021-10-19T12:46:58Z | |
dc.date.issued | 2021 | |
dc.identifier.uri | https://hdl.handle.net/11250/2823911 | |
dc.description | Masteroppgave(MSc) in Master of Science in Finance - Handelshøyskolen BI, 2021 | en_US |
dc.description.abstract | In this thesis, we ask what the economic determinants are for whether minority shareholders choose to reject the offer in a public compulsory buyout, and for the outcome in court. We have collected and constructed a dataset, from the year 2000 to 2020, of all public compulsory buyouts on the Oslo Stock Exchange, and from all three tiers of court. There has been a decreasing time trend in this period. We find that the size of the company, the duration of a controlling owner, and the liquidity of the stock are the most important determinants of minority owners rejecting a buyout offer. The courts tend to favor the minority and disregard the last transaction price of the stock. | en_US |
dc.language.iso | eng | en_US |
dc.publisher | Handelshøyskolen BI | en_US |
dc.subject | finacial economics | en_US |
dc.subject | finans | en_US |
dc.subject | finance | en_US |
dc.title | Economic Determinants of Legal Outcomes in Norwegian Public Compulsory Buyouts | en_US |
dc.type | Master thesis | en_US |
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Master of Science [1621]