Disclosure Laws and Takeover Bids

  • Author(s): S. J. GROSSMAN, O. D. HART
  • Published: Apr 30, 2012
  • Pages: 323-334
  • DOI: 10.1111/j.1540-6261.1980.tb02161.x

The securities and exchange act not only prohibits the making of false statements, but also requires that parties to a takeover bid make positive disclosures. This paper discusses some of the effects of requiring positive disclosure as opposed to simply outlawing the making of false statements.

Jump to menu

Main Navigation

Search the Site / Journal

Search Keywords

Search Tips

Members' Login

Credentials

Members' Options

Site Footer

View Mobile Version