1. J. Franks and C. Mayer, Takeovers: Capital markets and corporate control: A study of France, Germany and the UK, Economic Policy: A European Forum 10, 189–231 (1990);
2. T. Jenkinson and C. Mayer, Hostile Takeovers, Defence, Attack and Corporate Governance McGraw Hill (1994) may understate the actual level of replacement in hostile bids as their interpretation of hostile could include initial posturing/bargaining behaviour by the target. D. N. Angwin, After the fall, Management Today 56–58 (1996).
3. Characteristics of targets of hostile and friendly takeovers;Morck,1988
4. Alternative mechanisms of corporate control;Morck;American Economic Review,1989
5. The causes and consequences of hostile takeovers;Bhide;Journal of Applied Corporate Finance,1989