This authoritative collection of previously published articles emphasizes recent empirical research on mergers and corporate governance. The papers included present provocative questions dealing with the causes and effects of takeover and restructuring activity, the distribution of wealth gains between bidding and target firms, and the relevance of governance in modern corporations. The discussion of such questions presents the latest thinking on mergers and corporate governance and also offers guidance for future work in the area. The body of work included in the volume is of particular relevance to scholars in corporate finance and industrial organization as well as policymakers in antitrust, corporate law, and securities regulation. 16 articles, dating from 1986 to 2002