Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Computer Science, 2004.Includes bibliographical references (leaves 59-60).In this thesis we quantify the risk arbitrage investment process and create trading strategies that generate positive risk-adjusted returns. We use a sample of 895 stock swap mergers, cash mergers, and cash tender offers during 1998-2004Q2. We test the market efficiency hypothesis, and after accounting for transaction costs, we find that our risk arbitrage strategies generate annual risk-adjusted returns in excess of 4.5%. The research also obtains various other merger statistics, and relates them to a variety of economic indicators and merger timing models, as described in past ...
This thesis investigates how CEO risk taking incentives related to compensation in the form of execu...
Mergers are the combining of two or more firms to create synergies. These synergies may come from v...
This paper analyses 2 005 mergers and acquisitions in the period from 2000 to 2012 in order to inve...
Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Compute...
Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Compute...
Electrical Engineering and Computer Science Risk arbitrage is one of the investment strategies commo...
Risk arbitrage is a strategy that seeks to profit from takeover offers by generally simultaneously p...
In this dissertation, I explore the performance of risk arbitrage over 1990 to 1999 for three types ...
For decades, merger arbitrageurs have enjoyed significantly higher returns than those enjoyed by tar...
This thesis focuses on the effect of takeover announcements in financial markets. We want to use a ...
Thesis (M.S.)--Massachusetts Institute of Technology, Dept. of Mathematics, 1996.Includes bibliograp...
Herein we investigate the risk return characteristics of risk arbitrage for a sample of 187 stock sw...
Pairs trading strategy takes advantage of diversification across stocks, to produce a low-volatility...
This paper analyses the risk and return characteristics from a merger arbitrage trading strategy in ...
Thesis (Ph. D.)--Massachusetts Institute of Technology, Sloan School of Management, 2007.Includes bi...
This thesis investigates how CEO risk taking incentives related to compensation in the form of execu...
Mergers are the combining of two or more firms to create synergies. These synergies may come from v...
This paper analyses 2 005 mergers and acquisitions in the period from 2000 to 2012 in order to inve...
Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Compute...
Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Compute...
Electrical Engineering and Computer Science Risk arbitrage is one of the investment strategies commo...
Risk arbitrage is a strategy that seeks to profit from takeover offers by generally simultaneously p...
In this dissertation, I explore the performance of risk arbitrage over 1990 to 1999 for three types ...
For decades, merger arbitrageurs have enjoyed significantly higher returns than those enjoyed by tar...
This thesis focuses on the effect of takeover announcements in financial markets. We want to use a ...
Thesis (M.S.)--Massachusetts Institute of Technology, Dept. of Mathematics, 1996.Includes bibliograp...
Herein we investigate the risk return characteristics of risk arbitrage for a sample of 187 stock sw...
Pairs trading strategy takes advantage of diversification across stocks, to produce a low-volatility...
This paper analyses the risk and return characteristics from a merger arbitrage trading strategy in ...
Thesis (Ph. D.)--Massachusetts Institute of Technology, Sloan School of Management, 2007.Includes bi...
This thesis investigates how CEO risk taking incentives related to compensation in the form of execu...
Mergers are the combining of two or more firms to create synergies. These synergies may come from v...
This paper analyses 2 005 mergers and acquisitions in the period from 2000 to 2012 in order to inve...