The Analysis of the Threshold of Obligatory Offer Based on the Theory of Games for Companies from Index WIG30 in Poland
The Analysis of the Threshold of Obligatory Offer Based on the Theory of Games for Companies from Index WIG30 in Poland

Author(s): Anna Sroczyńska-Baron
Subject(s): Business Economy / Management, Evaluation research, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: takeover; obligatory bid; cooperative games; Banzhaf index; shareholders;
Summary/Abstract: Nowadays, taking over companies are becoming increasingly common in Europe. Of course, one cannot buy every number of shares without any limitations. There are legal regulations relating to takeover bids and securities sale in each Member State. They should be according to European Parliament and Council Directive 2004/25/EC of 21 April on takeover bids. The Directive establishes a framework of general requirements which Member States are to implement through more detailed rules in accordance withtheir national systems and cultural contexts.

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