The risk of being acquired by hostile raiders is often referred to as the takeover constraint.

Name: The risk of being acquired by hostile raiders is often referred to as the takeover constraint.
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

The risk of being acquired by a hostile raider is often referred to as the takeover constraint. The takeover constraint deters management from engaging in opportunistic behavior since the first thing that the raider may do on assuming control over the company is to fire the underperforming management.

The Risk of Being Acquired by Hostile Raiders Is Often