Focuses on issues such as the existence and source of merger waves, empirical estimates of takeover announcement returns and the division of takeover gains between bidders and targets, and tests for potential sources of takeover gains (primarily involving estimation of industry wealth effects of tak[...]

Judging by the sheer number of papers reviewed in this Handbook, the empirical analysis of firms' financing and investment decisions-empirical corporate finance-has become a dominant field in financial economics. The growing interest in everything "corporate is fueled by a healthy combination of fu[...]