Limit search to available items
Book Cover
E-book
Author Palmieri, Rudi, author.

Title Corporate argumentation in takeover bids / Rudi Palmieri, USI-University of Lugano
Published Amsterdam ; Philadelphia : John Benjamins Publishing Company, [2014]
©2014

Copies

Description 1 online resource
Series Argumentation in context ; 8
Argumentation in context ; 8.
Contents Corporate Argumentation in Takeover Bids; Editorial page; Title page; LCC data; Dedication page; Table of contents; Acknowledgements; chapter 1 ; Introduction ; 1.1 The argumentative dimension of corporate takeovers ; 1.2 Objective of the study and research questions ; 1.3 The UK takeover market ; 1.4 Structure of the book ; The argumentative intervention in context; 2.1 Argumentation as a context-situated communicative activity; 2.1.1 The argumentative situation; 2.1.2 Inference, dialectic and rhetoric; 2.1.3 Comparison with the main approaches to corporate financial communication
2.2 Building an analytical toolkit for the reconstruction of contextualized argumentative interactions2.2.1 The four stages of an ideal critical discussion and its empirical counterparts; 2.2.2 The Argumentum Model of Topics: Constitutive components; 2.2.3 Linking the analytic overview to the inferential configuration; Eliciting argumentative situations in takeover bids; 3.1 The takeover transaction and its main phases; 3.2 Argumentative exigencies of the bidder and the target directors; 3.2.1 The desirability of a takeover from the bidder's perspective
3.2.2 The position of the target directors3.2.3 Argumentation in pre-offer negotiations: A case in point; 3.2.1 Possible outcomes of the pre-offer phase; 3.3 The audience of the directors' argumentative discourse; 3.3.1 A complex interaction field; 3.3.2 Shareholders: The decision-makers; 3.3.3 Financial analysts and journalists as secondary audiences; 3.3.4 The communicative role of non-financial stakeholders; 3.4 Argumentatively relevant constraints in takeover regulation; 3.4.1 Raison d'être of takeover regulation in the UK context; 3.4.2 Announcements and documents from the bidder
3.4.3 The target Board's reasoned opinion3.4.4 The setting up and disciplining of two argumentative interaction schemes; 3.5 A more comprehensive model of the takeover process; The offer procedure as an argumentative activity a type; 4.1 Case selection and procedure for the argumentative analysis; 4.2 Speech events of the offer period; 4.3 Macro-analysis of the main text typologies; 4.3.1 The firm intention announcement and the offer document; 4.3.2 The defense document; 4.4 Argumentative characteristics in the communicative interactions of the offer period; 4.4.1 The initial situation
4.4.2 Starting points4.4.3 Argumentative means; 4.4.4 Possible outcomes; 4.5 Friendly and hostile offers as kindred argumentative activity types; The argumentative coordination in friendly offers; 5.1 The target Board's justification of the recommendation; 5.1.1 Justifying the recommendation by explaining a decision; 5.1.2 Preparing for the argumentation stage in the offer's description; 5.1.3 Backgrounding the recommendation to dispel adverse implications; 5.1.4 Combining financial and social-organizational values; 5.1.5 Levering on the means of payment for topical choices
Summary This volume systematically investigates the role of argumentation in takeover bids. The announcement of these financial proposals triggers an argumentative situation, in which both the economic desirability and the social acceptability of the deal become argumentative issues for different classes of stakeholders (shareholders, employees, customers, etc.). The study focuses on the strategic maneuvers that corporate directors deploy in order to persuade their audiences while complying with precise regulatory requirements, designed to allow shareholders to make reasonable decisions. <br />A conce
Bibliography Includes bibliographical references and index
Notes English
Print version record
Subject Tender offers (Securities)
Consolidation and merger of corporations.
Persuasion (Rhetoric)
Discourse analysis
BUSINESS & ECONOMICS -- Industries -- General.
Consolidation and merger of corporations
Discourse analysis
Persuasion (Rhetoric)
Tender offers (Securities)
Form Electronic book
ISBN 9789027269461
9027269467