Christel Karsten
Biographic Data
| ID | 5734340 |
|---|---|
| NAME | Christel Karsten |
| GIVEN NAMES | Christel |
| FAMILY NAME | Karsten |
| SIGNATURE | KARSTEN C |
| AFFILIATIONS | OMX Group, The Netherlands |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 1 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2022 |
| LATEST PUBLICATION YEAR | 2022 |
| H-INDEX | 0 |
Lawyer Expertise and Contract Design—Evidence from M&A Negotiations
We argue that the relative expertise of contracting parties strongly affects contractual outcomes. Using unique data on company acquisition contracts, we document that lawyers with higher expertise relative to their counterparties negotiate better risk allocation for their clients and more favourable target prices. The benefits of high expertise outweigh its costs, largely because high-expertise lawyers economise on transaction costs by shortenin…
No prominent works on this page.
Lawyer Expertise and Contract Design—Evidence from M&A Negotiations
We argue that the relative expertise of contracting parties strongly affects contractual outcomes. Using unique data on company acquisition contracts, we document that lawyers with higher expertise relative to their counterparties negotiate better risk allocation for their clients and more favourable target prices. The benefits of high expertise outweigh its costs, largely because high-expertise lawyers economise on transaction costs by shortenin…
Actuarial science (1 work) · Auditing, Earnings Management, Governance (1 work) · Business (1 work) · Corporate Finance and Governance (1 work) · Database transaction (1 work) · Economics (1 work) · Finance (1 work) · Finance (1 work) · Industrial organization (1 work) · Law (1 work)