Please use this identifier to cite or link to this item: http://hdl.handle.net/10553/72518
DC FieldValueLanguage
dc.contributor.authorSantana Martin, Domingo Javieren_US
dc.contributor.authorAguiar Diaz, Inmaculadaen_US
dc.contributor.authorDiaz Diaz, Nieves Lidiaen_US
dc.date.accessioned2020-05-18T09:56:16Z-
dc.date.available2020-05-18T09:56:16Z-
dc.date.issued2009en_US
dc.identifier.issn0210-2412en_US
dc.identifier.otherWoS-
dc.identifier.urihttp://hdl.handle.net/10553/72518-
dc.description.abstractThe objective of this paper focuses on analysing the impact that the ownership in the hands of ultimate owner and the degree of divergence between his/her voting and cash flow rights exercise on the takeover defences. The study was undertaken on a sample of non-financial Spanish listed firms in the period from 1999 to 2007, and based on the defence measures set out in their company by-laws. The results show that the level of cash flow rights of the ultimate owner is seen to be an element that determines the relationship between the costs and benefits that the adoption of defence measures in the by-laws entail for those shareholders because it has a negative influence on defence. The results also indicate that the divergence between the ultimate owner's voting and cash flow rights has a negative influence on the level of defence.en_US
dc.languagespaen_US
dc.relation.ispartofRevista Española de Financiación y Contabilidaden_US
dc.sourceRevista Espanola De Financiacion Y Contabilidad-Spanish Journal Of Finance And Accounting[ISSN 0210-2412],v. 38 (143), p. 399-421, (Julio-Septiembre 2009)en_US
dc.subject5303 Contabilidad económicaen_US
dc.subject.otherCorporate Governanceen_US
dc.subject.otherCapital Structureen_US
dc.subject.otherFamily Ownershipen_US
dc.subject.otherVoting-Rightsen_US
dc.subject.otherFirmen_US
dc.subject.otherSecuritiesen_US
dc.subject.otherProtectionen_US
dc.subject.otherSeparationen_US
dc.subject.otherMarketen_US
dc.subject.otherUltimate Ownershipen_US
dc.subject.otherTakeover Defencesen_US
dc.subject.otherCash Flow Rightsen_US
dc.subject.otherDivergenceen_US
dc.titleUltimate ownership and takeover defences in Spainen_US
dc.typeinfo:eu-repo/semantics/Articleen_US
dc.typeArticleen_US
dc.identifier.doi10.1080/02102412.2009.10779671en_US
dc.identifier.scopus77953980815-
dc.identifier.isi000270439300003-
dc.contributor.authorscopusid36129597600-
dc.contributor.authorscopusid36141840600-
dc.contributor.authorscopusid12764482400-
dc.identifier.eissn2332-0753-
dc.description.lastpage421en_US
dc.identifier.issue143-
dc.description.firstpage399en_US
dc.relation.volume38en_US
dc.investigacionCiencias Sociales y Jurídicasen_US
dc.type2Artículoen_US
dc.contributor.daisngid4382562-
dc.contributor.daisngid28337587-
dc.contributor.daisngid2461822-
dc.description.numberofpages23en_US
dc.utils.revisionen_US
dc.contributor.wosstandardWOS:Martin, DJS-
dc.contributor.wosstandardWOS:Diaz, IA-
dc.contributor.wosstandardWOS:Diaz, NLD-
dc.date.coverdateEnero 2009en_US
dc.identifier.ulpgces
dc.description.sellofecytSello FECYT
dc.description.ssciSSCI
item.grantfulltextnone-
item.fulltextSin texto completo-
crisitem.author.deptGIR IUCES: Finanzas, Contabilidad y Gestión del Conocimiento-
crisitem.author.deptIU de Cibernética, Empresa y Sociedad (IUCES)-
crisitem.author.deptDepartamento de Economía Financiera y Contabilidad-
crisitem.author.deptGIR IUCES: Finanzas, Contabilidad y Gestión del Conocimiento-
crisitem.author.deptIU de Cibernética, Empresa y Sociedad (IUCES)-
crisitem.author.deptDepartamento de Economía Financiera y Contabilidad-
crisitem.author.deptGIR IUCES: Finanzas, Contabilidad y Gestión del Conocimiento-
crisitem.author.deptIU de Cibernética, Empresa y Sociedad (IUCES)-
crisitem.author.deptDepartamento de Economía Financiera y Contabilidad-
crisitem.author.orcid0000-0002-3774-5554-
crisitem.author.orcid0000-0002-2809-2520-
crisitem.author.orcid0000-0002-8752-6157-
crisitem.author.parentorgIU de Cibernética, Empresa y Sociedad (IUCES)-
crisitem.author.parentorgIU de Cibernética, Empresa y Sociedad (IUCES)-
crisitem.author.parentorgIU de Cibernética, Empresa y Sociedad (IUCES)-
crisitem.author.fullNameSantana Martín, Domingo Javier-
crisitem.author.fullNameAguiar Díaz, Inmaculada-
crisitem.author.fullNameDíaz Díaz, Nieves Lidia-
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